Today Hang Seng Index closed up, and good news kept coming out. Global markets started having a relaxed atmospher and VIX dropped. Fears are gone as time passes. But would this remain afterwards?
HSI is actually resisted by that very strong red trend line and the horizontal by the last low. This appears to be a very strong resistance. If HSI breaks this strong interception, I would start turning my view back to bullish. Otherwise, I still keep on my bearish anticiaption.
Good luck (and subscribe)
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