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From : International Equity Index Daily Hotline: 26 November 2014
Chart of the day: Strong up move by HSCEI

 

The Hang Seng China Enterprise index has recorded a 2.5% gain for today's session.  A short-term uptrend is emerging from the psychological 10000 level.  The strength of the recent reversal up would point towards scope for a further rise towards the highs of the multi-year trading band, near 11500-12000.  A long trade is opened in the market, with the stop inserted at 10320 for the time being.

 

 






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