Hong Kong Stock Index (The Bullish momentum has slowed)

5 mars 2019

View On Hong Kong Stock Index (HSI) (5 Mar 2019)

We had a good run and it had hit TP4 some time back.
Recently we were in a sideway mood and yesterday candle was an interesting one.

It has a decent bearish tone in it and hints on the upcoming bear momentum.

We are expecting it can slide down to 28,360 FIRST as a quick slide down.

At the same time, do keep in mind that we are still in strong BULL trend in medium tend. (1 to 3 months time). So this sell/pull back idea can get back fired too.




DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" <or> "Comment".
Thank You!



Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.

DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.