Technicals of Hong Kong Hang Seng Index (HSI): 2 February 2020

Technicals of Hong Kong Hang Seng Index (HSI):

2 February 2020
(Click on the Technical Chart Above to Expand)

Attached is the Technicals of Hang Seng Index. The Hang Seng Index is bottoming out per my last week's live analysis to take profits of all Hang Seng Index shorts on fear as posted on my FB Wall updates (refer blue circled region and my FB Wall). The updated expected trajectory for Hang Seng Index is now as illustrated in light orange. Continue to take all shorting profits amidst maximum gloom, doom and fear amongst the herd in HK-China. Most people are short-selling confidently amidst the fear, hence one should not be bearish anymore as the worst could be over when fear is at capitulation point now.

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