Friday, January 8, 2010

HKSE Weekly Summary

HSCEI Weekly Chart

The correction for HSCEI is over with the break of the immediate downtrend line. The next phase is to build a phase for the next rally up. Immediate resistance is at around 14000.

HSI Weekly Chart

Same as HSCEI, need to build a base first before can move up higher. Base building level is at around 22000. If HSI can break 23000, then the next resistance is at 26000.

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