SamSuka
The Long Investor
The Long Investor

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HSI

Finished up +2% today on the news of the FED cutting by 0.5%, it is unclear whether it is climbing as a flight to safety outside of the US or that every position right now is getting a bullish wave

We will have to see how the markets across the globe settles over the next few sessions

Either way, none of this is a surprise to us as the price has been following the chart

A double hold on the 0.618 Fibs have been very reliable lately and it is no different here, in spite of this being a large exchange.

I added the 1.618 Fib already so there is no change to the plan here, I expect this to move higher.

A higher high above 18,200 should confirm this.

HSI

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