ICHIMOKU WEATHER REPORT WEEKLY FORECAST OF HANG SENG 50

This is an update of my forecast of the Hang Seng Index using the Ichimoku Kinko Hyo Indicator. HSI

Transaction en cours:

I am still in an active trade of the Hang Seng Index. Using the Ichimoku Indicator I think it probable that price will continue to move upward for awhile. Of course there will be periods where price action takes a breather but I am forecasting that I think it probable that price will be on its upward trend into late February/early March?! Time cycle analysis, which is one of the pillars of the Ichimoku Indicator, indicates that price is in an upward cycle after coming out of a downward cycle late October.