Monday, 11 August 2014

Hang Seng will break 25000 soon!

Dear Friends,

I am asked this question in question, "What is the best index to trade now?"

I would say it is Hang Seng and Hong Kong stocks.

We do expect Hang Seng to pierce through 25000 soon. Get ready for a 4 years breakout.

Optimism is strong following the 沪港通 policy. October should be the earliest date for the official launch. Testing starts today until October. 沪港通 is a policy that allows both China and Hong Kong investors to invest in each other markets.

For more information, please visit:
http://finance.sina.com.cn/stock/hkstock/hkstocknews/20140811/083819970622.shtml

Chart of Hang Seng:


STI is the Only Flower stuck in a pile of Cow Dung! - The only major index in Asia that is in the Green

Dear Friends, A few days ago, I issued a post on where I think is the accumulation area of STI - 3300-3350. Yesterday it dropped into thi...