#Hang #Seng Forecast: Continues to Threaten a Breakout :

The Hong Kong Hang Seng initially dropped just a bit during the session on Wednesday but continues to see buyers on did says it looks like the China reopening trade is starting to truly take hold.
The HK$22,500 level continues to be an area that people are watching, and if we can break above there then it’s likely that we go much higher. In that environment, I fully anticipate that we could really take off,

#Hang #Seng Forecast:

The Hong Kong Hang Seng Index initially fell during trading on Monday, as reports started to circulate that several Chinese cities have seen protests over the lockdowns coming back. In fact, some of those protests have become rather violent, so when the market opens up on Monday morning, it does make a certain amount of sense that we saw a lot of risk off behavior. Hang Seng traders are a proxy for mainland China, as the Hang Seng is much larger than Shanghai.