26/11/2012

HSI turning down in the same way as DOW and the European main indexes

HSI China 1 hr now. HSI closed 08:30 but you can see how it performs, exactly as the DOW. Who affects who is difficult to say but my opinion is that China markets is the leader. So all indexes follows China when it is open 01.00 - 08.30 CET. This index tried a jump up to the top at open but fell sharply in the following 2 hours. You see the top to the left with lots of gaps. These gaps does not have to be closed the same way as Europe or the U.S. because our chart Technic differs. Anyway this hourly trend finished down and Europe opened down at 09.00.

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