HSI – The Art of Chart Reading Online https://artofchartreading.com A complete guide for day traders and swing traders of forex, futures, stock and cryptocurrency markets Wed, 22 May 2024 22:20:06 +0000 en-US hourly 1 https://wordpress.org/?v=6.9.1 https://artofchartreading.com/wp-content/uploads/2018/06/cropped-aocr_background-32x32.jpg HSI – The Art of Chart Reading Online https://artofchartreading.com 32 32 Hang Seng Index as of Nov 2, 2018 https://artofchartreading.com/2018/11/04/hang-seng-index-as-of-nov-2-2018/ Sun, 04 Nov 2018 18:51:33 +0000 https://artofchartreading.com/?p=245 Continue reading "Hang Seng Index as of Nov 2, 2018"

]]> Hang Send Index weekly chart below.

image

1. Long term 3 pushes up completed at failure to clear the long term top

2. Up channel structure in potential trend change

3. As long as 2nd push up swing top (red zone) is not cleared, minimal downside target near midpoint of complete range (cyan zone)

4. 3 pushes up normal target is back to where it started (green zone)

5. If HSI manages to clear red resistance zone and hold above that on weekly closing basis, it will be able to challenge the all time high

]]>