Hang Seng Index - 07 Sept. 2016 - S/R zones for coming weeks

7 set 2016

07 Sept. 2016
Hang Senf Index - 4 Hour Chart

Index is now reach a resist level, but buying is strong, expect index to continues the up trend after a correction to the support levels.

The STRONG Resist Zone is where I expect a nice sell back down to the support zone below in this chart, once index manage to climb and reach it, may be in mid. Oct. so watch out for it!

Here was my previous long term Forecast of this trade:

HSI Direction Forecast since 30 Aug. 2015 to 02 March 2016

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13 set 2016

Nota

My Latest forecast article in Snail Trading financial website.
check it out if you want to know the next possible moves of HSI.

snail-trading.com/2016/09/13/hsi-13-sept-2016-forecast-update/