Hang Seng Index Chart Analysis
Charts updated for - 12th January 2015 to 16th January 2015.
- Index currently moving up from strong trend line support zone @ 22530, chart indicates as long as Index holds above bulls will be favored and further price rise can be seen.
- As per technical analysis weekly chart, Index is trading around 100 weeks moving average, Index must holds above 100 WMA to favor bulls.
- On upper side Index is now facing strong trend line resistance zone around 24313 and 25365, this indicates further price rise can be seen once Index closes and holds above its trend line as shown in chart no3.
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