Wednesday, November 5, 2014

Black Swan Formation HK 40 Index

I'm trading (shorting) Hong Kong 40 CFD.  Just noticed a possible Black Swan Formation in the index.

Wow!  Looks like the Black Swan Head is forming, if complete and if I'm am right, the next move is

DIVE!

Black Swan DIVE!

Waiting for it to break 200MA and 20MA  (now crossed and below the index) which is about 300 plus points below.  That should confirm the DIVE is coming!

Now it is supported and sitting on 50MA/100MA, oops, it is going to break!

Will it DIVE?

Stay tuned!

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