Final resting place for HSI maybe the gap support and the 200EMA. Global indices has broken down their 200EMA hence i see the odds of HSI to hold off the selling around here as remote. Any rebound, i think i will lookout for bullish divergence. It's a pity i didn't take full advantage of my correct opinion of HSI breakout to the downside where i took my put warrants profit yesterday. Nevertheless it was good profit. Wait for another chance! :P
DJ looks set to break the uptrend support line. I will be looking out for hammer on this line or any bullish reversal patterns should this line holds. Otherwise target base on D-Triangle is 11,800 thereabts.
DISCLAIMER: This is not an inducement to buy or sell. You should do your own analysis on top of my postings.
