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Thursday, 20 October 2016

HSI at critical junction for mid/long term trend determination

by ckchoy

HSI powered up from low 19639 in Jun to top 24405 in 9 Sep represented a strong uptrend. From then it is stuck within the consolidation range around 24000 - 22967.
Watch the critical resistance 24000 and then top resistance at 24405 and critical support at 22770
to determine it will continue its uptrend or break down to downtrend.






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