FTSE China A50 Index

China/HK Breakout Points Need Follow Through

Technical Analysis
170 Views, 20 Jan 2022 18:12
EXECUTIVE SUMMARY
  • A share bull wedge stands out after meeting the 15k downside target. H shares bullish near lower wedge support.
  • The cut in key lending rates is spurring a push in HK/China, one needs to make sure this is not just another flash in the pan given a weak SPX.
  • HSI impulse out of bull flag cleared wedge resistance and needs resolution. On watch to close higher level shorts.
detail (2-minute read)
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Thomas Schroeder
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Mr. Schroeder starting using charts and trading in the FX markets in 1989 and entered the equities arena in 1992 with De... 

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