Reversal | Hong Kong Index | Hang Seng Index Analysis

April 1, 2016

 

In the last analysis, we commented Hang Seng Index has completed a lower low. Let look at it from a different angle, if we look back the monthly data back to 2010. What have you concluded? You probably agree that the price action (index) kept forming high low since 2011. Now the trend has reversal, the price action has broke lower than the last low in 2015. Picture worth a thousand words.

Hang Seng Index has started Reversal

 

April 1, 2016 Hong Kong Hang Seng Index

April 1, 2016 Hong Kong Hang Seng Index

 

 

Moses Stocks Analysis and Scan

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