Hong Kong's Hang Seng Index recovers from its drubbing and crash last year. The HSI bottomed at 24540 last Halloween and today prints 29562 a +20.5% gain pushing the Hang Seng into bull market territory (above +20%). A Golden Cross occurred on 3/12/19 with the 50-day MA piercing up through the 200-day MA.
A far better signal of the cyclical status of an index or stock is the slope of its 150-day MA. For the HSI, the 150 was in a cyclical bear market until March when the slope of the 150 turns positive so the Hang Seng is now in a cyclical bull market. 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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