Hang Seng Index : Critical Point 20045
Melbourne Qindex 21:04 GMT 08/24/2015 - My Profile

Hang Seng Index : Current Comments

Critical Point : 17289

Trading Reference :

... 17289 - 18736* - 20184 - 20908 // 21632* - 22355 - 23079 - 23803 - 24527* - 25251 - [25974]---

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Melbourne Qindex 08:06 GMT August 23, 2015
Hang Seng Index : Critical Point 20045 : Reply
TECH TALK
Entry: Target: Stop:

Hang Seng Index (22410) : Critical Point 20045

A negative signal is hoisting in my system. As shown in the monthly cycle charts the market is going to head for the extreme end of the projected profile at 20288 - 22066. The current weekly cycle pivot centres are located at 22300 - 22548 - 23171 and they will act as resistant points. The odds are good that the market will tackle the weekly cycle lower limits positioning at 20061 - 20604 - 20867. Speculative selling pressure will resume again if the downward trending momentum is strong enough to penetrate through the Critical Point at 20045. The trading reference is as follow :-

Monthly Cycle Reference / Normal Upper Limits : [17205] - [17289] - 18369 - [18782] - 20332 - 20355 - 21355 - 22511 - 23347 - 24374 - 25312 - 26021

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