bruceyam

HSI heading South

Short
TVC:HSI   Hang Seng Index
Hang Seng Index rebound should have finished around 19500. Stochastic is overbought and the rebound is still below 60 week moving average
which means the downtrend have not been changed. Property market, and the lack of factory order in China, should still hit Hong Kong economy

Next year, most of the Economy will fall into recession, even Taiwan Central Bank is expected major economies will fall into recession in 2023https://www.cbc.gov.tw/tw/cp-302-156071-41d1b-1.html

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