HSI
Added 2024-02-15 14:07:43 +0000 UTCHSI has since made a higher high and higher low since finding support on the 0.618 Fib on the 5th of Feb, when Chinese policy makers started getting aggressive with supporting their market.
Big test next will be getting back above the 50 Day MA at 16169, this will at least indicate to us that the bleeding has stopped and that the Bulls are responding to the support measures.
Getting out of the channel at 16550 and holding and we have our reversal....so this is all within the realms of possibilities over the next few weeks, so we will be watching closely.
