HSI
Added 2024-10-21 11:15:27 +0000 UTCStarted the session well and faded throughout the day,like I said under the $QQQ and $SPY charts yesterday, there could be some volatility this week as we lead into important earnings and we inch closer to the election date.
HSI also let off some steam after having an impressive run on Friday.
Price is still above the 0.5 Fib but below the 0.38 Fib right now at 20,657, consolidating above the 0.5 Fib this week will confirm that this level is the new support level and I would expect a move higher next.
