Several supports (2012-03-26 HSI analysis)

This week I will be so busy with projects, so I may not be able to update this blog.

Daily chart of HSI:















The index has touched the upper bound of the Ichimoku cloud, as well as the median line of the Pitchfork, it seems like there will be some support to the index this week.

Weekly chart of HSI:















On weekly chart, it tells a pretty similar story. The index has already dropped into the cloud. There will be support at 20,400, and it may rebound.