Trading Futures Online

HSI SWING Chart: Finally, A Break Down From Consolidation

January 16, 2008 – 7:21 pm My HSI SWING Chart above... With the break down in PRICE, do expect a "relief" rally of sorts, from the oversold position the market is in. Afterall, PRICE needs to head back up to challenge last PRIME Resistance at 28424, to establish a PRIME Lower High, and then back down to challenge PRIME Support. As always: " PRICE will continue to head in the direction it is going, until it fails "