China A50 vs Hong Kong Hang Seng Index. Flaring UP!

[Bullish Trend]

A level of important trend formation when once formed tend to persist until evidently proven reversed. A bullish trend allows price to move higher highs and higher lows over a long period of time.

[Bearish Trend]

A level of important trend formation when once formed tend to persist until evidently proved reversed. A bearish trend allows price to move lower highs and lower lows over a long period of time.


FTSE China A50 Daily Chart

china a50

FTSE China A50 Daily Chart seen a Break Down into Bearish Trend since February 2018 and been trending down for 8 months. A Break Up into Bullish Uptrend is seen recently. At the very least the index should hit the Critical 12,800pts.

Hong Kong Hang Seng Daily Chart

hk daily chart

Hong Kong Hang Seng Daily Chart seen a Break Down into Bearish Trend since February 2018. Traded sideways for 5 months before breaking down further for another 4 months. Now the index Break Up into Bullish Uptrend. At the very least the index should hit the critical 29,860pts.

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