Dow, FKLI & Hang Seng - The 50% Retracement

The sharp declined in indexes market have not make significant come back yet since 11 Oct.

The 3 charts plotted in 60 minitues time frame. From the left

- Dow declined 7.6% from the peak, and rebound to 50% ratracement ( 25510) and trade below.

- FKLI declined 6.7% from the peak, and rebound to slightly higher than 50% ratracement (1738) and retraced.

- Hang Seng declined 10.5% from the recent peak, among the worst performing market, and rebound to 50% ratracement (25775) and trade below.

The current price structure in correction stage with no indication of bullish yet.