While we saw that Singapore STI broke the upward trendline which look like a bearish signal to us. Hong Kong Hang Seng Index (HSI) is still trading in the upward bullish channel.
Remember to keep a look out on Hong Kong HSI in the next 2 days for confirmation signal if you are trading on Hong Kong stock exchange.
It has been quite a while since I last post on Hong Kong Hang Seng Index. As we started to move into a new year 2009, let’s take a look at the latest stock market trends of Hong Kong Hang Seng Index now.
After seeing the US markets hitting the 20d MA resistance, I also glance through all the stock market charts and trends of Asian Stock markets. I am seenig many of them are trading near to the resistance or support level now. So, this week is very critical to watch to know the market trends for the last month of 2008.
Let’s take a look at the video now!
We have seen the Hong Kong Hang Seng resisted by the gap last week. It was a week of gradual diving for Hang Seng last week. Where do you think the Hang Seng will stop the diving and be support?
Let’s take a look now!
