HSI/HK50: 25% correction & best level to RELOAD/BULLS(NEW)

13 Jun 2020

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HSI/HK50: 25% correction & best level to RELOAD/BULLS(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.

🔸 Summary and potential trade setup
::: HSI/HK50 weekly chart review
::: massive H*S setup in progress
::: 25% correction up next
::: runaway BEAR gap previously
::: signals more downside mid-term
::: PT is 19 000 within 4-10 weeks now
::: weak chart and no upside until S/R
::: right now you can only SHORT IT
::: correction can last 4-10 weeks
::: 19 000 best reload BULLS later after corr
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9/Combo update: N/A
::: Sentiment: BEARS
::: Sentiment outlook short-term: BEARISH