HKSE Weekly Summary

SSECI Daily Chart

SSECI: Congested movement. Need to break above 3250 for the next rally. Uptrend support is at around 3100.

HSCEI Daily Chart

HSCEI: Given a daily sell signal. Not good. However, no sell signal on the weekly chart. Therefore, should be just a normal correction. Look for support at around 12000 based on the weekly chart.

HSI Daily Chart

HSI: This is the base building that I talked about last week. It should not go down below 21400 (uptrend support line) to ensure that the base building is successful for the next rally.

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.