Hang Seng, Hang Seng China Indexes breach key support levels
Chinese stocks may find respite after a dramatic selloff Monday caused the country’s benchmark indexes to plunge through key technical support levels, signaling a potential bounce.
The Hang Seng Index and Hang Seng China Enterprises Index have both breached levels that in the past have triggered a rebound. The two gauges fell the most since the 2008 global financial crisis on Monday. $SSE Composite Index (800146.HK)$ and the Shenzhen Component in mainland China both lost about 2%.
As always, the above does not constitute investment advice.
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whqqq : I trust you. I have seen the dawn from HangSeng.
Giovanni Ayala :
