Hong Kong Stock Index (We are in the Probabilities Businesses)
Updated
View On Hong Kong Stock Index (16 Sept 2020)
In our previous analysis of 7 Sept, we expect this index to go lower than 25,250 region.
It went to 24,250 region as expected and it is making a minor bounce.
Now, 24,600 has become a decent support region and it is a life support for now.
IF the 24,600 region supports the price well, it could swing to 25,200-25,500 region.
How the today and tomorrow candles end will be very important. Let's see.
Cheers.
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
In our previous analysis of 7 Sept, we expect this index to go lower than 25,250 region.
It went to 24,250 region as expected and it is making a minor bounce.
Now, 24,600 has become a decent support region and it is a life support for now.
IF the 24,600 region supports the price well, it could swing to 25,200-25,500 region.
How the today and tomorrow candles end will be very important. Let's see.
Cheers.
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Trade closed: stop reached
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