HSI1! 2021 Oct 04 Week

HSI1!


HSI1! 2021 Oct 04 Week

Weekly: Average spread up bar closing near high, we see some strength returned.
Daily: Market temporarily resisted at 24620-24680. The narrow spreads on 01 Oct
due to start of the China holiday week.
H3: Higher lows observed. Bar A effort with little result = temporary weakness.
As price converges at the recent highs, wait for entry opportunity on signs of
strength.

Strategy for Short (Test and Reject)
Strategy for Long (Test and Support)
Entry will be based off the price reaction to these levels

Have a sane trading week for Hang Seng : )