Hang Seng index ( HSI ) [Updated]
HSI hits the thick blue downtrend line and retreated by 328 points or 1.5% today. It is looking set to head toward lower boundary of the downtrend channel. First support 21,000, second support 20,600, critical major support at 19,350.
Apart from the Dow Jones Industrial Average ( DJIA ), The Hang Seng Index ( HSI ) is the next most influential index to STI.
Apart from the Dow Jones Industrial Average ( DJIA ), The Hang Seng Index ( HSI ) is the next most influential index to STI.
[update] Just read the blog of Colin Twiggs ( HERE )... It is interesting to note that we both share the same view on 2,920 being an important level to watch for STI.
Labels: Market Direction
posted by Market Wizards @ August 10, 2010
Comments: 0
