hsi : critical supporting point at 20151

HSI : Critical Supporting Point at 20151

 Normal Lower Limits : 20362 - 21162 - 22067
Mid-Point References : 21891 - 22888 - 23699
Monthly Cycle Pivot Centers : 23420 - 24614 - 25331
Mid-Point References : 24949 - 26340 - 26962
Normal Upper Limits : 26479 - 28066 - 28594


Normal Lower Limits : 21584 - 22745 - 23345
Mid-Point References : 23150 - 24117 - 24800
Weekly Cycle Pivot Centers : (24717) - (25489) - (26255)
Mid-Point References : 26283 - 26861 - 27710
Normal Upper Limits : 27850 - 28233 - 29165



Directional Indicator : 22824* - [23372] - 23420 - 23611* - 24456* - 24614 -  (24717) - 25331 - [25426] - (25489) -  (26255) - [26379] -

Significant Supporting Levels are 22824* - [23372] - 23420.


Remarks : As shown in the monthly cycle charts the market is negative when the downward trending momentum is strong enough to penetrate through the critical supporting point at 22824 when is the last member in the directional indicator. Our attention should shift to monthly cycle mid-point references. Significant supporting points are positioning at [20151] - 20420* - 21891. In the mean time the market is going to consolidate between [22405] - 22630*.

Mid-Point References : [20151] - 20420* - 20515* - 21891 - [22405] - 22630* - 22888 - (23150) - 23699 - [24117] -(24117) - (24800)

Significant Supporting Levels are [20151] - 20420* - 21891 .

(The positions between the limits and the pivot centers are defined as mid-point references)



HSI : Monthly Cycle Charts
http://www.qindex.com/hsi.html
Albert Cheung (Ph.D.)