Thursday, February 28, 2008

Hang Seng Futures is Leading the Charge Next, for the Leg 1 of Back Door Bear Break, on the SWING Chart

My HSI Swing Chart above...
With the Nikkei 225 Futures the first to achieve Leg 1 of Back Door Bear Break the other day, we now have the Hang Seng Futures (HSI) following suit. And it seems that the SIMSCI has also reacted positively to the HSI's upward move.
For the HSI Futures, the PRIME Resistance is only above 500 points away. A target easily achieveable in 2 trading sessions.

No comments: