[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.

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FTSE China A50 Daily Chart

FTSE China A50 Year 2017 had a superb dragon rally towards its high at 15,000.00 into Year 2018. 

Since March Year 2018 the FTSE China A50 break down below its EMA200days (Long Term Trend) and have since been flaring down with rebounds each failed to break out of its long term trend. 

Recent rebound was a much needed technical rebound for the China market. 

Only a break out from its long term trend evidently will be shown a shift of trend from a long term downtrend to long term uptrend. Else a range bound movement trade or a break down to lower low may eventually be seen too.

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Hang Seng Hong Kong Daily Chart

Hang Seng Hong Kong Year 2017 had a superb dragon rally towards its high at 33,485.00 in Year 2018. 

Since June Year 2018 the Hang Seng Hong Kong break down below its EMA200days (long term trend) and have since been flaring down with rebounds each failed to break out of its long term trend.

Recent rebound is a much needed technical rebound in the Hang Seng Hong Kong market.

Only a break out from its long term trend evidently will be shown a shift of trend from a long term downtrend to long term uptrend. Else a range bound movement trade or a break down to lower low may eventually be seen too.

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