Hang Seng - short term outlook

Though Hang Seng has broken down, but it likes to flip up and catch all the shortists.
History could repeat itself.
If Wed (24 Dec 08) low is a short term support, it is likely to flip up on 26 Dec 08 (and if Year End Rally is to start here). Watch Dow Futures' Asia time performance on 26 Dec 08.
That could be a good guide, i.e, it stays positive.
On the other hand, if it closes below 13902, meaning all bets off, it could be heading towards 13309.

That could be the neckline for a double-top chart formation.