![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEisffmmCknPd_4mQ4FwO5L4MSZMlsdegQWuY4wDz2BT9Q7e9wfa8OEvieZ9d8TuzK7DzxrLXtdinoLbTd7uOd5B74DnO-UZn0rryKm4wbZ83bVhIj6vqbI33IbN3W5eszDEgCy67A/s320/HSI+Dead+Cross.gif)
Both the Hang Seng index and the H-share index recorded dead cross sell signals last week, the first since 2000 for the HSI and 2002 for the H-share index. A dead cross occurs when the 50-day moving average crosses below the 200-day moving average and signals the end of an uptrend and the start of a new downtrend.
No comments:
Post a Comment