HSI
Added 2024-10-04 09:39:37 +0000 UTCHSI showed enormous strength today and just made a higher high too
I have brought up the 1hr chart to look at the movement of the pull back since Weds, first of all, the pull back has been shallow, as it only went to the 0.236 Fib and not the standard 0.38 Fib for a Wave 4 but crucially, there are 3 waves in this pull back
So with the higher high made today, the trend is still to the upside....especially as Chinese holidays finish on Sunday and the Chinese market opens on Monday again, we should see another wave of buying at the opening on Monday and this will bring the HSI to Primary Wave 3 at 23,433
The other alternative is that the HSI rejects immediately at the opening on Monday and we get a flush down to 20,499 to complete Wave 4.
Comments
As good as done it @ 23.2....
Bosher!
2024-10-07 08:38:41 +0000 UTC$YINN seem unstoppable together with $HSI. Chinese investors will only be come on Tuesday post Golden Week Holiday. Many retail investors are going to FOMO into the stock market.
Mk Yee
2024-10-07 02:26:31 +0000 UTCGooal ..
Labo
2024-10-04 09:57:52 +0000 UTC
