2015年11月19日 星期四

hsi td 20151119


My idea now:

1) swing trading perspective:
weekly, to avoid a 3 conservative down bar, it is better to have an outside bar this week to signal a possible change in direction. So, today and Friday are important to watch for whether the market can seek more rooms in the north exceeding 22981. Otherwise, watch for more downward pressure if weekly closes below 22396 or 22319.

2) bar pattern:
Since end Sep. 15, we have 5 island bottom bars and every of them is followed with a gap-up. there were 3 times that market found a top in 2 days after the island bottom; one time found a top in 7 days. Compare to the current move, it is now 3 days from the isolated bot. Could we expect that it be similar to the one in end Sep.?

3) geometry(trendline):
with breaking the trendline, it could signal a possible change in direction, otherwise, continue with down move

沒有留言: