LD_Perspectives

Despite most global markets experiencing declines for 2018..

HSI:HSI   Hang Seng Index
Despite most global markets experiencing declines for 2018, the long term setups show indices barely off their All Time Highs. E.g. Hang Seng HSI -22% off it's ATH, forming a double top and testing a 32-year trend line. A look at the chart sees the 200-month MA (currently 20% lower) providing support. Will we see a testing of this level once again?
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.