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entropycapital

Hang Seng : One Country - One System (log chart long term)

Indice Hang Seng (TVC:HSI)  
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TVC:HSI   Indice Hang Seng
Support and Resistance Fundamental Analysis hangsengindex hongkong china hongkongdollar ASIA
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supportandresistance fundamental hangsengindex hongkong china hongkongdollar asia
Given recent newsflow I wanted to look into HSI HK equities index - feels like that the zone just below 22,000 is critical long term - a break below would be extremely bearish. Together with the general reliance on what is a rigged real estate market I think it is one of the most fragile indices out there.
Commento:
Noises today from the US could be a serious escalation of the political games played in the region - if so expect major weakness soon
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