by ckchoy
HSI Hang Seng index hit high on 28 Apr 2016 but started to U turn down upon following news:
Nikkei 225 Futures Plunge as BOJ Keeps Monetary Policy Unchanged
HSI is the asia leading indicator, Asia's markets including STI may follow the correction coincide with 'Sell in May and go away' effect. Investors sell shares after XD in April/May.
If 21080 can hold, it may resume its uptrend channel established since mid Feb 2016.
HSI Hang Seng index hit high on 28 Apr 2016 but started to U turn down upon following news:
Nikkei 225 Futures Plunge as BOJ Keeps Monetary Policy Unchanged
HSI is the asia leading indicator, Asia's markets including STI may follow the correction coincide with 'Sell in May and go away' effect. Investors sell shares after XD in April/May.
If 21080 can hold, it may resume its uptrend channel established since mid Feb 2016.
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