HSI1! 2021 Nov 29 Week

HSI1! 2021 Nov 29 Week

This week's trade plan will still be guided by the trendline.

If long, wait for price to come down on low volume and find support.
If market rotates, stay out
If market breaks resistance and turns support = long
If market breaks resistance and closes below it, will short when resisted.

Weekly: Average volume down bar closing near low = weakness
Daily: High volume down bar closing a little off low = sone demand

Entry will be based off the price reaction to these levels
Short on Test and Reject) | Long on Test and Accept

Have a sane trading week for Hang Seng : )