• HSI50 reversed from resistance level 22655.00• Likely to fall to support level 21275.00 HSI50 index recently reversed down from the key resistance level 22655.00 (former support level which has been reversing the price from the middle of December). The downward reversal from the resistance level 22655.00 started the active impulse wave (c). HSI50 index […]
• HSI 50 reversed from support level 22680.00 • Likely to rise to resistance level 23500.00 HSI 50 index recently reversed up from the pivotal support level 22680.00 (previous monthly low from December) intersecting with the lower daily Bollinger Band. The upward reversal from the support level 22680.00 runs counter to the strong daily downtrend. […]