• HSI approaching resistance, potential drop!

    HSI is approaching our first resistance at 28234 (38.2% fibonacci retracemen, 100%, 61.8% fibonacci extension, horizontal swing high resistance) and a strong drop might occur pushing price down to our major support at 26508 (50% fibonacci retracement). Stochastic (89, 5, 3) is also approaching resistance and we might see a corresponding drop in price should […]

  • HSI approaching resistance, potential drop!

    HSI is approaching our first resistance at 27982 (38.2% fibonacci retracement, 100% fibonacci extension, horizontal swing high resistance) and a strong drop might occur below this level pushing price down to our major support at 26508 (50% fibonacci retracement, 61.8% fibonacci extension). Stochastic (55,5,3) is also approaching resistance and we might see a corresponding drop […]

  • HSI approaching resistance, potential drop!

    HSI is approaching our first resistance at 27249 (78.6%, 38.2% fibonacci retracement, 100% fibonacci extension, horizontal swing high resistance) and a strong drop might occur below this level pushing price down to our major support at 25883 (61.8% fibonacci retracement, 61.8% fibonacci extension). Stochastic (55,5,3) is also approaching resistance and we might see a corresponding […]

  • HSI approaching resistance, potential drop!

    HSI is approaching our first resistance at 26587 (61.8% fibonacci extension, 76.4% fibonaccci retracement, horizontal swing high resistance) and a strong drop might occur below this level pushing price down to our major support at 25541 (61.8% fibonacci retracement, 61.8% fibonacci extensison). Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop […]

  • HSI approaching resistance, potential drop!

    HSI is approaching our first resistance at 26587 (61.8% fibonacci extension, 76.4% fibonaccci retracement, horizontal swing high resistance) and a strong drop might occur below this level pushing price down to our major support at 25541 (61.8% fibonacci retracement, 61.8% fibonacci extensison). Stochastic (89,5,3) is also approaching resistance and we might see a corresponding drop […]

  • HSI approaching support, potential bounce!

    HSI is approaching our first support at 25147 (76.4% fibonacci retracement, 61.8% fibonacci extension, horizontal swing low support) and a strong bounce might occur above this level pushing price up to our major resistance at 26176 (horizontal swing high resistance , 61.8% fibonacci retracement). Stochastic (89,5,3) is also approaching support and we might see a […]

  • HSI approaching support, potential bounce!

    HSI is approaching our first support at 25562 (78.6%, 61.8% fibonacci retracement, 61.8% fibonacci extension, horizontal swing low support) where a strong bounce might occur above this level pushing price up to our major resistance at 26619 (61.8% fibonacci retracement, 61.8% fibonacci extension, horizontal swing high resistance). Stochastic (89,5,3) is approaching support and we might […]

  • HSI approaching support, potential bounce!

    HSI is approaching our first support at 25562 (78.6%, 61.8% fibonacci retracement, 61.8% fibonacci extension, horizontal swing low support) and a strong bounce might occur above this level pushing price up to our major resistance at 26619 (61.8% fibonacci retracement, 61.8% fibonacci extension, horizontal swing high resistance). Stochastic (34,5,3) is also approaching support and we […]

  • HSI testing resistance, potential drop!

    Price is testing our first resistance at 26619 61.8% fibonacci retracement, 61.8% fibonacci extension, horizontal swing high resistance) where a strong drop might occur pushing price down to our major support at 25562 78.6%, 61.8% fibonacci retracement, 61.8% fibonacci extension, horizontal swing low support). Stochastic (34,5,3) is also approaching resistance where we might see a […]

  • HSI approaching resistance, potential drop!

    HSI is approaching our first resistance at 27336 (100% fibonacci extension, 78.6% fibonacci retracement, horizontal swing high resistance) and a strong drop might occur pushing price down to our major support at 25050 (61.8% Fibonacci extension, 76.4% Fibonacci retracement, Horizontal swing low support). Stochastic (89,5,3) is also approaching resistance and we might see a corresponding […]

  • Chinese stocks drop on rate hike speculations

    Chinese “blue chip” index fell the most in three months on Monday, copying a sharp drop in global markets, as investors are rattled by rumours of a possible increase in US interest rates next week, which boosted yields of government debts and put pressure on the Chinese currency.