HSI
Added 2024-09-30 09:49:56 +0000 UTCThis is the same chart uploaded on Friday, with Wave 3 at the 2.618 Fib, the price hit this level today and stopped.....this is also the 200 WMA at this level too, so it is a confluence level and the perfect area to relax, let off some steam and then pull back for Wave 4 when the market opens again on Weds in Hong Kong.
This is certainly parabolic now, aggressive stimulus policies keep pouring out of China now and the Chinese appear to be loving this.....not to mention the Western World now obsessed with the value on offer here.
I am very proud of what we have done here, the double 0.618 Fib hold did its job and guided us.
Now let's see if we can continue to see proper structure next.
Comments
Brilliant!
Victor
2024-09-30 09:56:21 +0000 UTC
