Hang Seng Technical View
This is one of the most co-related index to our markets.
Making an interesting formation here. A 5 year triangle.
In the last 1-2 years this is the 4th attempt to breakout of this triangle.
Such a move can trigger a quick 10-15% move also in the index at times.
Does this imply a move for our markets. That would be too early to call for it but it makes sense to keep a watch on this chart.
Book Recommendation
Nooresh Merani
Twitter – https://twitter.com/nooreshtech
Facebook – https://www.facebook.com/nooreshtech
