Can China Markets provide direction for Global Equity Markets Again?
Here are the Latest Traditional Investment News.
At the March lows the Chinese markets were displaying a positive price divergence with the US equity markets. Now the Hang Seng China Enterprise Index is at major weekly and Fib resistance while the US is struggling just underneath 1014 – the 38.2% Fib resistance area.
HSCEI overbought, 60 Min pattern turns solidly bearish < 11,732
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