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Hang Seng Index - initiating analysis coverage

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For personal interests, analyses on the HSI will be initiated...

The weekly chart closed on a bearish note, at a 5 year low. Close to a suuport at 19,200, if it breaks down -250 points, there would be more downside to the last low of March 2022, at 18,235.
As with many of the analyses done this weekend, a lot of indications that the last low will be revistied.

The daily chart has a breakdown over he last week, and daily technicals are crossing under. These are indicative of more downward momentum.

Overall, bearish aura prevails for the Hang Seng Index.

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