HANG SENG Strong buy opportunity on the 1D MA50.Hang Seng (HSI1!) has been consolidating on the 1D MA50 (blue trend-line) for 4 straight days. Technically it is an attempt to form a bottom, which includes also the 0.5 Fibonacci retracement level, measured from the April 19 Higher Low.
The last time a trend both the 1D MA50 and 0.5 Fib was on Dec