Monday, 1 February 2016

Hang Seng completing huge bullish running flat?

Is the Hang Seng completing a huge bullish running flat? Sorry no time to slap EW labels on the chart. In my weekend post I made the case that the S&P 500, Nikkei, Nifty, EURO STOXX and ASX 200 had all bottomed, but wasn't as sure about the Hang Seng. This chart and the EW running flat boosts the bullish case for the Hang Seng. Just needed to zoom out, is all. Thanks to Nulla Trader for helping me see it.