Monday, 17 October 2011

Short HSI, Long SSEC??



For HSI:SSEC ratio chart (Daily)
Note the RSI(4) three peaks pattern will be followed by a major fall
The ratio chart candles has reached both the upper and lower bands of BB(60,3) .The candles are now capped by the 60ma line
BB(6,3) band width just narrowed sharply
%BB(20,3) and slow sto (14,3) are bearish


Ding-Fire-168 (Porky) finds this Chinese commentary that the market will short HSI (Hong Kong) and long SSEC (China)interesting

http://blog.eastmoney.com/sl168/blog_150911021.html

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