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hungry_hippo

Hang Seng hung out to dry

Hang Seng Index Futures (HKEX:HSI1!)  
hungry_hippo Updated   
HKEX:HSI1!   Hang Seng Index Futures
Chart Patterns Technical Indicators Hang Seng HSI hangseng
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chartpattern indicator hsi hangseng
Lost yesterday's support, looks to be headed for a double bottom, then probably a bounce. There could even be another leg down....

Overlay is just a possible scenario, sometimes it works, most times it's not perfect.
Comment:
Honk Kong now leading the charge down... 1.5% though you figure it needs a bounce right around there...
Comment:
Oh look, it's testing the support like I predicted.

Didn't short any Chinese ADRs though because I wasn;t sure if it'd recover before US open or not.
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