Friday, November 29, 2019

Hang Seng Index - Middle Of The Range But Expect A Corrective Pullback

  • A corrective pullback is underway after bouncing off the November highs. Current resistance is capped at 7212.
  • The short-term price action indicates a pullback to 26050 which coincides with the support on the long-term uptrend.
  • A break below the 26000 to 26050 range would be bearish and would bring our attention to the next support at 25390.
All posts and charts are for educational and illustration purposes only

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