On weekly basis, we are already 21 bars into weekly MACD cross, another 5 more to go. We shall see how the market behaves. weekly and daily RSI 50 is at almost the same level of 3013. If Market is kind enough to give a retrace this could be a good reference point of entry.
Can consider taking ALL or 80% profits once index hits 3400. On the HK front, the ShenZhen connect has priced in quite a fair bit already to welcome the cousins from mainland.
Can consider taking ALL or 80% profits once index hits 3400. On the HK front, the ShenZhen connect has priced in quite a fair bit already to welcome the cousins from mainland.