HSI
Added 2024-09-06 09:51:52 +0000 UTCPull back is sitting on the 0.5 Fib now at the 50 Day MA, I am looking at this as Subwave 2 of Wave 3, so Subwave 2's are expected to go to the 0.618 Fib which we have seen a lot of lately, across all sectors and securities.
The 200 Day MA is sitting just above the 0.618 Fib at 17,165 right now, I would not be surprised to see a test of this level tomorrow, especially if the US market has a lot of volatility today.
We just want to see the structure maintained, everything else does not concern us.
