mid term:
sideway

short term:
bearish

price action wise,HSI is pretty bearish... but take note on previous strong bear n strong bull rebound level... which is at 29,000 level.... it is not advisable to short yet.... but, can take a little risk to long ...with SL below 29,000
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please be reminded that this is counter trend trade.. hence higher risk to get SL... but, higher reward...
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Support
29,000 , 28,074

Resistance
30,235 , 31,587

in a bigger picture, it is in a long term sideway..... in shorter time frame , our view is remain bearish, BUT with potential rebound...
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may the trend be with you~

trade safe!

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