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Showing posts with label SSE. Show all posts
Showing posts with label SSE. Show all posts

Thursday, February 4, 2010

Too soon to call China and Hong Kong into bear market?

China SSE Shanghai stock index A-Share is crawing back to 200DMA. So maybe it is too soon to call a bear market if China could held above 200DMA. Likewise for Hong Kong, the Hang Seng Index has a volatile trend ahead. Although trading could be choppy in the near term, led mainly by the volatile global market, its technical readings are showing sighs of improving.