Tuesday, 12 August 2014

German DAX monthly MACDH flips -ve, the 3 prior occurrences preceded large declines

Monthly chart MACDH on the German DAX index has flipped to negative. The three prior occurrences preceded large declines.


Hang Seng and China H-Shares big picture Elliott Wave counts suggest both on cusp of large declines

Below find weekly charts for the Hang Seng and China H-Shares indexes, with Elliott Wave counts which indicate these markets will fall hard in coming months and over the next couple of years.

I don't usually feature these markets in my posts, but given how leveraged Australia is to China, of course I keep an eye on them.... want to see more of them?

Hang Seng


China H-Shares