{"id":22257,"date":"2010-04-29T03:40:55","date_gmt":"2010-04-29T07:40:55","guid":{"rendered":"http:\/\/www.forexyard.com\/blog\/en\/?p=9586"},"modified":"2010-04-29T03:40:55","modified_gmt":"2010-04-29T07:40:55","slug":"hang-seng-index-expected-to-rebound-today","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/fx\/2010\/04\/29\/hang-seng-index-expected-to-rebound-today\/","title":{"rendered":"Hang Seng Index Expected to Rebound Today"},"content":{"rendered":"<p><img decoding=\"async\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/profile-pics\/12.jpg\" width=\"120\"  alt=\"printprofile\" \/><\/p>\n<p>The Hang Seng Index has recorded much bearish behavior in the past several days. However, the technical data indicates that this trend may reverse anytime soon. For example, as I demonstrate below, the 4-hour chart signals that a bullish reversal is imminent. CFD traders can take advantage of this imminent upward movement by entering long positions at an excellent entry price.<\/p>\n<p><span id=\"more-9586\"><\/span>\u2022\tBelow is the 4-hour chart of the Hang Seng Index.<\/p>\n<p>\u2022\tThe technical indicators used are the Relative Strength Index, MACD, and Williams Percent Ranges.<\/p>\n<p>\u2022\tPoint 1: The Relative Strength Index (RSI) signals that the price of this pair currently floats in the over-sold territory, indicating upward pressure.<\/p>\n<p>\u2022\tPoint 2: The MACD indicates an impeding bullish cross, signaling that the next move may be in an upward direction.<\/p>\n<p>\u2022\tPoint 3: The Williams Percent Range is showing that this pair is heavily over-sold and may be experiencing strong upward pressure.<\/p>\n<p>Hang Seng Index 4-Hour Chart<br \/>\n<img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/www.forexyard.com\/blog\/en\/wp-content\/uploads\/2010\/04\/Hange-seng-index-29-4.JPG\" alt=\"Hange seng index 29-4\" width=\"471\" height=\"673\" class=\"alignnone size-full wp-image-9587\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p> The Hang Seng Index has recorded much bearish behavior in the past several days. However, the technical data indicates that this trend may reverse anytime soon. For example, as I demonstrate below, the 4-hour chart signals that a bullish reversal is i&#8230;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-22257","post","type-post","status-publish","format-standard","hentry"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/22257","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/comments?post=22257"}],"version-history":[{"count":0,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/posts\/22257\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/media?parent=22257"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/categories?post=22257"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/fx\/wp-json\/wp\/v2\/tags?post=22257"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}