ICHIMOKU WEATHER REPORT: Forecast of Hang Seng 50
I am forecasting the probable direction in price of the Hang Seng 50 using the Ichimoku Kinko Hyo Indicator.
HSI
HSI
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I am still long the Hang Seng; I moved my stop loss this week but I am still bullish. Price HAD to take a breather from it's aggressive move up after the reopening of China. I think it probable that the next price level/zone will be 22958.98.