Loading ...Hui doesn’t have much in the way of critical levels here….major Support is 140…..resistance all the way upto 300.
It’s still O/B on a weekly basis, but not so on a daily basis…but most indicators are showing bearish divergence on the daily.
U can count 5 waves up from lo to recent Hi….if so then we can go dn/sideways for quite a while… we did 33 days up 1 short of Fib No 34, wave 1 was 58 pts, wave 3 was 23,5 pts = near 38 % of wave 1 and wave 5 was 23 pts, = to wave 3…..so lots of Fib ratios/Numbers, which give validity….
Only 3 days dn so far, compared to 33 up….that said action continues to be V Good…we can correct just by going sideways.