HSI1! 2022 FEB 28 Week

26 Feb 2022

HSI1! 2022 FEB 28 Week

Short preference last week proved very fruitful.
The spring over the last daily bar shows rejection
of lower prices and demand overcoming supply (D/S).

Scenarios:
1) Long on dip opportunity in the 22389-23000 region
as temporary strength returns
2) Should Support 22389 fail, short opportunity on test
of break down area to next demand region

Weekly: High volume down bar closing off low = strength
Daily: Average volume down bar closing at high = strength
H4: Average volume shakeout bar closing at high = strength

Entry will be based off the price reaction to these levels
Short on Test and Reject) | Long on Test and Accept

Have a sane trading week for Hang Seng : )