hk50

Indicator Signal RSI Neutral MACD Sell MA(200) Buy Donchian Channel Neutral Fibonacci Sell Fractals Sell Chart Analysis On the daily timeframe HK50: D1 is testing Fibonacci 38.2 level, above the 200-day moving average MA(200), which is declining. We believe the...

Contraction in private sector bearish for HK50 Hong Kong’s private sector contraction continued in August. Will the HK50 decline? Recent Hong Kong economic data were weak: retail sales decline accelerated: 13% over year in July versus 7.6% in June. And the August reading of purchasing managers...

HK50 technical setup turns bullish Hong Kong inflation remained steady in July while unemployment ticked up. Will the HK50 advance continue? Hong Kong economic data have been weak on balance recently: unemployment ticked up to 2.9% in July from 2.8%, the Q2 GDP contraction was revised downward...

Contraction in private sector bearish for HK50 Hong Kong’s private sector contraction continued in June. Will the HK50 decline? Recent Hong Kong economic data were weak after the positive trade report three weeks ago showing the trade deficit in Hong Kong continued to decrease in May. Retail...

Negative Hong Kong data bearish for HK50 Activities in Hong Kong’s private sector continued to slow in November. Will the HK50 continue declining? Latest Hong Kong economic data were negative: private sector activity slowed still more in November. Nikkei Hong Kong PMI dropped to 47.1 in...

Hong Kong’s Hang Seng Index increases on the eve of the G20 summit. Will the HK50 continue to rise? The G20 summit will be held in Argentina from November 30 to December 1, 2018. It is expected that during the meeting, US President Donald Trump and China’s President Xi Jinping will talk about...