The major uptrend phase of the Hang Seng Index from January 2024 remains intact. Daily RSI momentum indicator suggested an overstretched rally where its medium-term uptrend may have reached a terminal point on 19 March. A multi-week corrective decline may take shape now, watch the 24,980 key medium-term resistance on the Hang Seng Index. Since […]
The post Hang Seng Index Technical Outlook: At Risk of Multi-Week Corrective Decline Within Major Bullish Trend appeared first on Action Forex.