Macro & Asian equity Technical Strategies, BBSP Asia

Federico D'Inca

Macro & Asian equity Technical Strategies

BBSP Asia

Technical Analysis

FTSE China A50 Index / Technical Analysis

The market is now close to 10,700 first target, but bullish exit confirmation for next move towards 11,000 even 11,300 as indicated on above analysis. In parallel, Hang Seng Index has confirmed a bullish exit above 25,000 that has confirmed a risk on move to 27,500 at least then 30,000/32,000 long term.  Nikkei at same time bullish to 23,200. Intermediate target 21,000 This all with a confirmed decoupling of risk-on and USD (that we saw for last 5 years). Eur followed by Gbp the best conduits…

The market is now close to 10,700 first target, but bullish exit confirmation for next move towards 11,000 even 11,300 as indicated on above analysis. In parallel, Hang Seng Index has confirmed a bullish exit above 25,000 that has confirmed a risk on move to 27,500 at least then 30,000/32,000 long term.  Nikkei at same time bullish to 23,200. Intermediate target 21,000 This all with a confirmed decoupling of risk-on and USD (that we saw for last 5 years). Eur followed by Gbp the best conduits…

FTSE China A50 Now Approaching First Target at 10,700...