The HSI has been in a trading range between 19400 and 22800 as of July 2009.
We have been above it a little, but it was not enough to be a real break-out.
Other major world indices put new highs in January and April/March, but the HSI did not.
I expect a positive HSI this spring and a break-out.
We corrected more than the 76,4 fibo level from the drop from 22700 – 19400, so it would be logical to return to 22700.
We have been above it a little, but it was not enough to be a real break-out.
Other major world indices put new highs in January and April/March, but the HSI did not.
I expect a positive HSI this spring and a break-out.
We corrected more than the 76,4 fibo level from the drop from 22700 – 19400, so it would be logical to return to 22700.
