Disclaimers :All the stocks mentioned here are the opinion of the writer and it is for reading purposes only.There are risks involved in trading shares.Do consult your licensed adviser before you trade.This blog is not responsible for your gains nor does it share your losses.The risks and final decision is still yours. Those interested to subscribe to my FOREX Trading Group/FKLI(futures)/FCPO(palm oil futures),please email me at silkyhawk@gmail.com
Wednesday, March 9, 2016
HSI ( HANG SENG INDEX ) ----- DAILY CHART
HSI ----( Looking from a technical perspective )
The down trend is progressing as expected with another gap down( 150 points ) upon market opening
Am expecting today the down trend to break support 19800 (S1 )...and ready to close the window ( GAP ) at 19400 (S2 ) by Friday or early next Monday.
Once the window (gap ) is closed...it will be marching towards 18000....my 1st tp.
To be continue... as the impulsive down trending wave unfolds its destructive power.
The above is just my2c opinion.....TRADE AT YOUR OWN RISKS.
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