Mentorship

Mentorship

HANG SENG

2 Aug 2018 ‚óŹ 04:00 AM

Hong Kong is the first major casualty of the weakness this morning in EMs as it breaks the wave 1 low and enters wave 3. Wave 3=1 points to 25703. Doing so the index is now below the rising channel from the 2016 bottom, and this looks like a larger trend reversal. The 20 quarter average is at 24535

hk 020818

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