HSI - HANG SENG INDEX - RC -
Added 2023-04-12 10:13:32 +0000 UTCHead and shoulders pattern formed here, I do not believe the right shoulder is complete yet, so possibly one more leg down to complete Wave 2 of this impulse wave...this has moved very well since it bottomed in October when Hong Kong opened up again.
The curve ball here would be if China invades Taiwan, there is no denying that this is a possibility, XI has mentioned it a number of times and he appears to be positioning himself with the biggest leaders around the world lately for support. The Bear case would be losing the yellow historical line that has been a support line since 2008.
Comments
Thanks GAR
Peter Mocca
2023-04-12 10:49:14 +0000 UTC
