Hang Seng Index Pivot Points Analysis - bearish ranging between Yearly Pivot and first support pivot level
W1 price is located to be below yearly Central Pivot at 23,408 and above S1 Pivot at 18,192:
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Sergey Golubev, 2016.06.24 16:07
The Brexit Result Will Have China Worried (adapted from the article)
USD/CNH H4: bullish breakout. The intra-day price is on breakout with the bullish reversal: price broke Ichimoku cloud to above for the primary bullish market condition with 6.6514 resistance level to be crossed for the bullish trend to be continuing. By the way, the daily price is on bullish breakout to be started today on open D1 bar, and the weekly price is on primary bullish market condition with 6.6152 resistance to be crossed to above for the close weekly bar for 6.7681 possible target.
Hang Seng Index H4: bearish breakdown with the ranging to be started. The price broke ichimoku cloud to below for the primary bearish market condition. Price is testing 19,749 support level with 19,566 bearish target and with descending triangle pattern to be formed by the price for the bearish trend to be continuing.