hsi : current comments jan 26

HSI : Current Comments Jan 26

Weekly Cycle Pivot Center : (25502) - 25619) - (25830)

Weekly Cycle Normal Lower Limits : 21603 - 22486 - 22589

Daily Cycle Normal Lower Limits : 23076 - 23670 - 24393

Remarks : The market is under pressure when it is below the weekly cycle pivot center at 25502. The market is unstable when it is trading within the monthly cycle normal lower limits (16344 - 25962). The odds are high that the market will continue its downward trending movement on Monday and it will tackle the daily cycle normal lower limits at 23076 - 23670 - 24393. Speculative selling pressure when the market is getting into 24393 which is the starting point for the daily cycle normal lower limits. The weekly cycle normal limits at 21603 - 22486 - 22589 will serve as an important supporting zone for Hang Seng Index.


Monthly Cycle Normal Lower Limits : [16344] - [17619] - 20998* - [22606] - 24453 - 24457 - 25234* - 25415* - 25962


Remarks : The market is unstable when it is trading within the monthly cycle normal lower limits. The market will challenge the supporting levels one by one. These numbers will be the same for the remaining period of this month. The current expected trading range is [22606] - 25415*



Directional Indicator : [25265] - 25871* - [26558] - (26613) - (27597) - 27772 - 28185 - 28232 - 28933* - 29887* - [30352]


Remarks : The market is under heavy pressure when it is below 25265. 


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