Technical Analysis of World Indices

Hang Seng Index: Trendline Watch trendlines618.blogspot.com/2010/05/hang-...trendline-watch.html

Since the call for a rebound, SSEC broke out of the downtrend channel. Here\'s an update trendlines618.blogspot.com/2010/05/shang...um-term-upwards.html Risk-reward favours the bulls. Medium-term Wave C up may be about to start.

Shanghai Composite: Why i am BULLISH medium-term Last week\'s decline on the SSEC, got tongues wagging & China bears smacking their lips in excitement. This weekend i suggested that this was the final shake&bake, to throw panicked retail feeders off the trail. And yes, i maintain my medium-term bullish and long-term bearish, outlooks. Just like it has in the recent past, Shanghai will probably lead again with the recovery. This long-term chart below, going back 13 years, speaks volumes: trendlines618.blogspot.com/2010/07/shang...hy-i-am-bullish.html