‘Hang Seng’ Archive

Shangahi Flag update…

05/12/2011, filed under China, Hang Seng, Shanghai index; 2 Comments.

CLICK ON CHART TO ENLARGE How interesting that the Shanghai index and the 500 index are setting on support, dating back to the 2009 lows, at the same time!  Sure glad these markets aren’t highly correlated!!!   Flag patterns suggest a big move is ahead, with no direction tip of the hat. Game Plan…Follow the breakout/breakdown [...]

Hang Seng index suggesting what the Dow’s next move is?

10/28/2010, filed under Dow Jones, Hang Seng; 8 Comments.

Dow Jones and the Hang Seng Index have both rallied up to key resistance at the 61% Fibonacci level, in the chart below.  Notice what is happening to the Hang Seng index at (1)! CLICK ON CHART TO ENLARGE Hang Seng index is breaking down at (1).  Watch this global leader as an indicator of [...]