A reminder going into the weekend that the HSI retested the 0.38 Fib and held support here to finish the week off, this is regarded as a second test now and has so far made a higher low
The move may not be complete yet but a second retest is positive to see.
Price action is still:
Above the 50 Day MA
Above the 200 Day MA
In an Impulse Wave
Completed a Bullish Golden Cross
Following our projection.