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Short term view - HANG SENG index : The 38% retracement has been passed.

The previous low has been broken, the bearish trend is confirmed. The next target is at 21,242.90 pts. The invalidation level is below 23,050.00 pts.

Arguments :
- The support has been breached.
- The 38% retracement has been passed.
- The 50% retracement has been passed.
-...
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Day By Day
Day By Day

​​DayByDay is an independent research company providing global macro and single stock analysis, recommendation and allocation based purely on behavioural finance methods. Those include long term cycle analysis, sentiment analysis, and technical trigger. DayByDay serves all clients in need of practical and precise publications to make effective market decisions, on any time horizon, from a few hours to a few years.

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