Hang Seng Index CashShort
Do you see what I see? Uncle Roger quote: Haiya!
HKG33 Hello everyone!
Do you see what I see?
Haiya! not sure if the overnight fed news probably injected more booze; the Index seems continues to hangover and not gonna sober anytime soon.
4h chart
Price movement - Bearish
MACD Signal indicator : Bearish
D chart
no sign for bullish, the reversal seems not happening that soon.
To gain some pocket money, from chart we do not go against the trend.
Same old strategy - sell into resistance today.
Be cautious if the reversal happens this week, tomorrow is the end of the week.
As of writing, the index loss around 250++pips ; down around 1.45% this week.
See W chart:
Happy trading everyone and the Santa actually is there always, you can long/short for the 🎄 📦.
Let's be cautious to protect our capital unconditionally while monitoring the movement let's Zen with 📙 & 🍵!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.