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Wednesday 6 November 2013

Hang Seng Index: 6 November 2013, Wednesday, 2.05pm Singapore Time

Hang Seng Index: 6 November 2013, Wednesday, 8.59am Singapore Time

Attached is the Hourly Chart of Hong Kong Hang Seng Index in addition to the Daily Chart attached earlier.

ADDED MORE SHORTS ON HANG SENG INDEX AT 23071 POINTS.

Hang Seng Index Analysis:

1. PINK BEARISH FAN
2. ORANGE SUPPRESSION RESISTANCE
3. MID-CHANNEL SUPPORT LINE BREAK-DOWN AS ABOVE: HANG SENG BECOMES SHORT ON REBOUND FOR THIS SHORT TERM CORRECTION

Asia is expected to lead the stock markets sell-down during this short term correction which I had warned in advance last week. Worldwide short-term corrections of International Financial Markets are awaiting for full execution.

Short-term:
Bearish Biased Sell-Down


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