Friday, October 24, 2008

China and Hong Kong market U-turn?

Before this crisis, I've paid less attention to technical anlaysis. However, in current abnormal enviornment, as fundamentals are ruined, techonical analysis might be a bright spot to read the market.

The following two charts tell us China and Hong Kong markets are about to have a nice rally in short term. Let's see what will happen. Hopefully this signal would help restore the confidence a little bit.





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