Hang Seng Index Too Much for this rally - Ichimoku and other ind
Shorter term: 1. RSI overbought 2. MACD bearish reversal for shorter and middle term 3. KDJ overbought, bearish reversal for shorter term
Ichimoku for this rally: 1. conversion line up-crossing the base line well below the cloud 2. candle up-crossing the conversion line below the cloud, and the baseline in the middle of the cloud 3. relatively small candle breaking up the cloud with half immersed; cloud rather thin 4. magnetic effect from the currently flat baseline
Bullish Ichimoku signs: 5. Lagging span well above the price 26 days ago 6. Both spans for the cloud going upwards