HANG SENG INDEXShort
Hang Seng could fall 20% over coming 6-9 months
The 2007-2008 decline was impulsive. The recovery back to marginal new Highs took over 9 years and is corrective.
I believe we may see more declines in the coming 6-9 months to test 21,500 level which is a confluence of A=C legs and is 78% of the rally from 2016 low.
I believe we may see more declines in the coming 6-9 months to test 21,500 level which is a confluence of A=C legs and is 78% of the rally from 2016 low.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.