hsi hr 20170126

on Jan. 23rd, the reversal hasn't begun since the support was held (red line).

Now the market may have developed into a 3-drive pattern that every up moves appear almost symmetrical in price and time. MACD also signals two  divergences of the 3 consecutive tops which could indicate the market is running out of steam...

hsi 20170116

1) breaking of uptrend, pay attention to a reversal or a consolidation to follow

2) after tested the RSI bearish upper limit, we can try to have a clear position preparing for a down move

hsi hr 20170106

From previous post (http://koei1024.blogspot.hk/2016/12/hsi-hr-20161229.html), a negative reversal was expected. Now, there is a clue for a potential negative reversal showing weakness at 225-226xx level which is a confluence target at different ranges. It is interesting to watch out for a change at this level.