HSI Expecting Further Weakness

Hang Seng Index (HSI)
We are expecting further weakness on HSI as index broke below a Key Support, we are expecting HSI to trade towards first target level at 27,000.

Notice technical indicator MACD and FFI turns negative and bearish. If bearish momentum perssit, next target level will be 26,500.

Learn more about technical analysis at our next class held at SGX Academy. More Info.

Disclaimer applies.

Popular posts from this blog

Eventful Week: FOMC Decision and Earnings Reports Headline Upcoming Week

Markets searching for technical support

Wyckoff's Law of Effort