Sunday 17 March 2013

Bearish Outlook for Hang Seng Index

HSI  2013/03/11 to 2013/03/17 Review

the current downward movement of HSI is more than a correction
HSI is below 50 SMA and below a short term down trend. I can seen heavy distribution on a lot of the HSI index stock. The smart money is running. The current lateral trend line support for HSI is 22500, if this line is broken. I will go shorting the HSI.


Article by Trading Room www.tradingforreal.blogspot.com

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