Stock chart patterns and technical analysis (TA) explained simply. Disclaimer: This blog and all its contents are for educational and entertainment purposes only. Do not trade or invest based on any information seen on this blog. Please read Terms of Service. The K E Stone blog sites (Keybot the Quant) are blacklisted by Google, so enjoy the ad-free experience, and only use the Donate button when supporting the sites.
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Friday, August 21, 2015
HSI Hang Seng (Hong Kong) Index in -20% Bear Market Death Cross
The HSI Hang Seng Index slips into a bear market down -20% off the market top in late May at 28500. A -20% drop is 22800 and price is below there and finishes overnight down at 22410 (red dot). The chart is one day behind and will not be updated for a few hours. The black circle shows the death cross pattern occurring for the HSI. This information is for educational and entertainment purposes only. Do not invest based on anything you read or view here. Consult your financial advisor before making any investment decision.
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