On July 29, 2023, we said the following:
- Japan
- Market Indicator
- Price Momentum Indicators
- Richard Russell
- Silver
- Speed Resistance Lines
- U.S. Dividend Watch List
Category Archives: HSI
Hang Seng Index Price Momentum
Below is a chart of the Hang Seng Index from 1988-2022, reflecting Price Momentum data.
Hang Seng Index: July 2020
On October 5, 2019, we said the following of the Hang Seng Index:
“By all accounts, the failure of the Hang Seng Index to meaningfully exceed the 23,264.43 level indicates that the range of 24,585.53 to 21,616.14 is a lock.”
As seen in the chart below, the Hang Seng Index achieved a low of 21,696.13 on March 23, 2020.
There is more room for downside risk, as plainly seen in the Dow Theory target of 19,967.86. Hand over fist buying should be considered at levels below the ascending 19,967.86 trend line.
see also:
Posted in Dow Theory, Hang Seng Index, HSI, Target Achieved
Hang Seng Index: October 2019
Below are the remaining downside targets for the Hang Seng Index when applying Dow Theory: Continue reading
Posted in Dow Theory, downside, Hang Seng Index, HSI
Hang Seng Index: Cyclical Trends
Below is a chart of the Hang Seng Index (HSI) from 1986 to 2018.
In the charts that follow, we break down the percentage change in each cyclical rise and decline of the HSI. Continue reading
Posted in Cyclical Trends, Hang Seng Index, HSI