Welcome to the TFC Commodity Trading Forum.
Please feel welcome to join in on these informative ongoing discussions about trading futures and commodities.

The Trading Forum is intended for the open discussion of commodities trading. The management of this Forum does not agree or disagree with the ideas exchanged, and does not exert editorial control over the message posted herein. Read and post at your own risk. The risk of loss in trading or commodities can be substantial. We discourage the use of this Forum to promote trading that is acknowledged to be risky. Please note: many links from the Forum lead to pages on other web sites. We cannot take responsibility for nor endorse the information presented on those sites.

TFC Commodity Trading Forum

Hang Seng Index : Critical Point 23974

Melbourne Qindex 00:28 GMT March 9, 2011
Hang Seng Index : Critical Point 23974: Reply
Hang Seng Index : Critical Point 23974

As shown in the monthly cycle charts the market is positive when it is trading above 23574. The monthly cycle directional indicator suggests that 23774 is a critical point. Speculative selling pressure will increase when the market is able to trade above the weekly cycle pivot center at 24217.

Monthly Cycle Directional Indicator : 19320 - 22667 - 23032 - [23138] - 23246 - 23543 - [23718] - 23779 - 23974 - 24217 - 24273 - [25895]

HSI : Monthly Cycle Charts