THESTOPHUNTER

Hang Seng putting in base for some July joy?!

Long
INDEX:HSI   HANG SENG INDEX
Hang Seng ( HSI ) which is heavily property weighted and led by some key stocks eg Tencent had one of its larger sell offs today, but looked to possibly put in a base around the key technical futures levels of around the 25000's /25500's. Bullish seasonality normally strong over July so a potential dip buying opportunity or part of a more major global weakness in the larger stock indices? Downside support levels at: 25000, then 24500's. Upsides: early to mid 27000's?

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