Resistance: Upper Green trendline, Red trendline
Support: Lower Green trendline, Blue trendline
Comment: If it surges above Red trendline - more upside. If it plunges below 14dMA - move down to test Lower Green trendline.

Both Dow and HSI rebound from support trendline - good sign for more upside.

Dow surged above 14dMA on 5 Nov, and HSI surged above 14dMA on 9 Nov. High chance for they to test their recent highs - 10119 for Dow and 22620 for HSI. Currently, Dow is at 10023 and HSI is at 22207.

My strategies:

• Reduce buying.
• If they fail to surge above recent highs, take some profit.
• If they surge above recent highs, continue to ride on this up wave (chances for them to test upper trendline).

Resistance: 14dMA, 22620
Support: Lower Green trendline (and 21196), 20323
Comment: If it surges above 14dMA - more upside. If it plunges below Lower Green trendline - move down to test 20323.

A picture is worth a million words..