Hang Seng Index - Supply & Demand Analysis
Recently Hang Seng Index reversed on a strong monthly Supply Zone finishing it's external bullish cycle
The price decided make an external bearish cycle.. now it's advised to SELL at long term basis.
Next destinations:
A) DEMAND (26908.14 - 26021.63)
Here price need to decide: if reverse in order to back to SUPPLY (32004.32 - 31126.20) OR BREAKOUT, retest and go to next DEMAND (23622.97 - 23204.17)
B) DEMAND (23622.97 - 23204.17)
Final external bearish cycle destination
Enjoy the Profits!
The price decided make an external bearish cycle.. now it's advised to SELL at long term basis.
Next destinations:
A) DEMAND (26908.14 - 26021.63)
Here price need to decide: if reverse in order to back to SUPPLY (32004.32 - 31126.20) OR BREAKOUT, retest and go to next DEMAND (23622.97 - 23204.17)
B) DEMAND (23622.97 - 23204.17)
Final external bearish cycle destination
Enjoy the Profits!
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