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HK50 trade ideas

HKEX to find sellers at previous support?HS50 - 24h expiry There is no indication that the selloff is coming to an end. Previous support level of 17809 broken. We are trading at oversold extremes. A higher correction is expected. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower. We look to Sell at 17820 (stop at 17980) Our profit targets will be 17420 and 16340 Resistance: 18390 / 19290 / 20575 Support: 16370 / 14565 / 14025 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:HK33HKDShort
by OANDA
HSI heading UP! LONG! BUY!Time Frame: 3D Sentiment: Oversold rebound Forecast: Bullish The market is approaching a significant resistant area 19500. TP1 - 18500 TP2 - 18800 TP3 - 19500 P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like my works? Please hit the Like, Follow and Share or tip me a coin :) Thanks! Disclaimer This information only serves as study references, does not constitute a buy or sell call.
TVC:HSILong
by DannyKc
HSI heading UP! LONG! BUY!Time Frame: 2D Sentiment: Oversold rebound Forecast: Bullish The market is approaching a significant resistant area 19500. TP1 - 18500 TP2 - 18800 TP3 - 19500 P.S Please, note that an oversold/overbought condition can last for a long time, and therefore being oversold/overbought doesn't mean a price rally will come soon, or at all. Like my works? Please hit the Like, Follow and Share or tip me a coin :) Thanks! Disclaimer This information only serves as study references, does not constitute a buy or sell call.
OANDA:HK33HKDLong
by DannyKc
HKEX to see a temporary move higher?HS50 - 24h expiry - We look to Sell at 18345 (stop at 18545) Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. Price action looks to be forming a bottom. A higher correction is expected. With the Ichimoku cloud resistance above we expect gains to be limited. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower. Our profit targets will be 17845 and 17745 Resistance: 18520 / 18915 / 19190 Support: 18015 / 17375 / 17040 Please be advised that the in formation presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group
HShort
by VantageMarkets
HKEX to find sellers at previous support?HS50 - 24h expiry Buying pressure from 17822 resulted in prices rejecting the dip. The current move higher is expected to continue. With the Ichimoku cloud resistance above we expect gains to be limited. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower. Further downside is expected although we prefer to sell into rallies close to the 18345 level. We look to Sell at 18345 (stop at 18545) Our profit targets will be 17845 and 17745 Resistance: 18520 / 18915 / 19190 Support: 17375 / 17040 / 16560 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:HK33HKDShort
by OANDA
Looking for HK50 dips.HS50 - 24h expiry - We look to Buy at 18110 (stop at 17830) Buying pressure from 18225 resulted in prices rejecting the dip. Short term bias is mildly bullish. The hourly chart technicals suggests further downside before the uptrend returns. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. Further upside is expected although we prefer to buy into dips close to the 18110 level. Our profit targets will be 18810 and 18915 Resistance: 18915 / 19190 / 19470 Support: 18015 / 17375 / 17040 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group
HLong
by VantageMarkets
Looking for HKEX dips.HS50 - 24h expiry - We look to Buy at 18355 (stop at 18125) Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. A lower correction is expected. Our short term bias remains positive. We therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. Further upside is expected although we prefer to buy into dips close to the 18355 level. Our profit targets will be 19010 and 19190 Resistance: 19190 / 19810 / 20370 Support: 18520 / 18015 / 17375 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group
HLong
by VantageMarkets
Hang Seng Index Analysis: Price Recovers from Year's LowWhile today the world’s first economy is celebrating Labor Day (so due to the bank holiday in the US, financial markets will most likely have below average volatility), the second world’s economy is recovering. From the low of the year reached on August 22, the Hang Seng index has already risen by more than 6%, as we suggested in the post on August 17th. The point is to stimulate the Chinese economy by the authorities with special support for the real estate sector. So, in August: → the Ministry of Finance introduced tax incentives for small businesses and rural households; → the People's Bank of China lowered the base annual rate on loans; → the State Council approved housing planning and construction guidelines; → citizens were allowed to take soft loans to buy their first home, regardless of their credit history. Other restrictions are also planned to be lifted. For sure, September will bring more news about stimulating the Chinese economy, and the chart shows the optimism of market participants: → The price of the index rose briefly below the psychological level of 18,000. → The price of the index has returned to the ascending channel shown in blue. → The price is near the lower line of the descending channel shown in red. → The price worked out the level of 50% of the growth A→B. However, the bears may show their presence in the near future, as the price is near the level of 18,888, which has influenced it more than once in the summer. Also, the market may feel resistance from the median line of the channel shown in red. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
FXOPEN:HSI
by FXOpen
Hong Kong has turned positive.HS50 - 24h expiry - We look to Buy at 18333 (stop at 18153) Short term bias has turned positive. Previous resistance at 18360 now becomes support. We look to buy dips. 20 4hour EMA is at 18275. We are trading at oversold extremes. Our profit targets will be 18783 and 18883 Resistance: 18706 / 18800 / 19000 Support: 18520 / 18350 / 18150 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group
HLong
by VantageMarkets
HKEX bias is still for lower levels.HS50 - 24h expiry - We look to Sell at 18100 (stop at 18300) Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. A higher correction is expected. The bias is still for lower levels and we look for any gains to be limited. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower. Further downside is expected although we prefer to sell into rallies close to the 18100 level. Our profit targets will be 17600 and 17510 Resistance: 18015 / 18520 / 18915 Support: 17375 / 17040 / 16560 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group
HShort
by VantageMarkets
Good news for the China BullsAhh, so the Chinese government is really in hot soup now ! They announced moving forward, they will not be publishing the youth unemployment data anymore. Read here Remember 2 years ago, when the people of China got so stressed and went to the streets to protest and call President Xi to step down ? Read here Could we see history repeats itself if the youth continues not able to find jobs in the market ? Parents are stressed so are the educators. Imagine spending time , money and all the stress studying and after graduation, the available jobs in the market are either mismatched or totally way below the salary they are asking for. They have become "full-time children" or cleaners Mind you, there will be another 11 million graduates entering the job market this year, exacerbating the already crippled job market ! President Xi message to the young people is to endure hardships, a bitter pill to swallow considering they are born in a very different era from their parents/grand-parents. Could the government have gone overboard in the cleaning up of the tech sectors, education sector, property market, etc in the pursuit of common prosperity ? I suspect something big is brewing and the government cannot afford two things - riots in the streets and social unrest. The covid-19 experience has shown them when enough is enough and the abrupt turn of policy changes by the government on reopening the economy could be what we are all awaiting for. Yes, a massive trillion dollars stimulus package to boost the economy. The pressures are mounting - locals and international. The government is on a time bomb and the more they procrastinate, the worse the problems will become. Missing the 5% GDP mark is not as BIG a matter as the potential unrest that is brewing beneath. From the weekly chart, we can see both the HSI and GXC (use as proxy of China market) are in a channel pattern. If Oct 2022 is not the bottom, then we could see the stock prices revisiting this level again to form a double bottom before we see an upside. This of course will wipe out more investors who are already bleeding from the stock market and have lost faith ! That , I think will likely be the worst scenario for the Chinese market. Thus, from a risk/reward perspective, entering the market now or coming weeks may prove to be a good long term strategy. How long will it takes ? Nobody knows , it could be months or years before we see a recovery. One thing for sure, the government cannot sit still and do nothing when the recent measures they introduced are not lifting the consumers confidence and the deflationary atmosphere looms at large, delaying their buying interest. These hardcore squirrel savers will definitely save even more than before after experiencing the Covid-19 saga and wants to prepare for rainy days. Buying a house (unless it is for staying) or upgrading to a new EV automobile are not a necessity at this juncture. Only time will tells..........we are living in the best of times.........we are living in the worst of times..........
TVC:HSILong
by dchua1969
1
HK33 continues to trend lower.HS50 - 24h expiry Although the bulls are in control, the stalling positive momentum indicates a turnaround is possible. This is negative for short term sentiment and we look to set shorts at good risk/reward levels for a further correction lower. The current move higher is expected to continue. Previous resistance located at 18532. Preferred trade is to sell into rallies. We look to Sell at 18545 (stop at 18670) Our profit targets will be 18190 and 17375 Resistance: 18520 / 18915 / 19190 Support: 18015 / 17375 / 17040 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:HK33HKDShort
by OANDA
HSI Index: Minimum of the Year, But Not Everything Is So BadToday, the price of the Hang Seng index fell below the level of 18,000 for the first time since November 2022. The media is publishing materials about the slowdown in the Chinese economy (which is confirmed by statistics) and the lack of expected government stimulus. The FT writes that foreign investors have canceled purchases of Chinese shares worth USD 7.4 billion, which were made following a July 24 pledge by the Chinese Communist Party Politburo to increase support for the economy. And according to data released by the Chinese currency regulator on Wednesday, the volume of bonds of foreign institutional investors fell by USD 5 billion in July. However, not everything is so bad. Bullish arguments: → The price of the Hang Seng index rose rapidly after breaking through the psychological level at 18,000. → Also, at the close of today's candlestick, a false bearish breakdown of the previous low of the year, recorded on the last day of May, may form. Pay attention to the false bullish breakdown at the end of January — perhaps a mirror image situation is happening. → The price is near the lower line of the ascending channel, shown in blue (which is not quite obvious yet). → The price is near the lower line of the descending channel shown in red. → The price is near the level of 50% of the increase in A→B. If the price of the Hang Seng index rises from a block of listed supports, this will be another example of how market lows are accompanied by negative media. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
FXOPEN:HSI
by FXOpen
HK50 continues in a selloff.HS50 - 24h expiry - We look to Sell at 18585 (stop at 18785) We are trading at oversold extremes. Although the bears are in control, the stalling negative momentum indicates a turnaround is possible. A higher correction is expected. Short term bias has turned negative. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower. Our profit targets will be 18085 and 18005 Resistance: 18520 / 18915 / 19190 Support: 17375 / 17040 / 16560 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group
HShort
by VantageMarkets
HSI, looking for support?Will this blue uptrend line able to support the price? Price currently stay at the center X of parallel channel and trend line. If broken, next two supports will be the pinky area (182 n 180 respectively). Let see how the market maker next step. Disclaimer: Mentioned stocks are solely based on own opinions for education and/or discussion purpose only. There's no buy and/or sell recommendation. Trading involve financial risk on your own. The author shall not be responsible for any losses or lost profits resulting from investment decisions based on the use of the information contained herein.
HSI:HSI
by DSELE99
HKEX to find sellers at previous support?HS50 - 24h expiry Previous support level of 18860 broken. Short term bias has turned negative. We are trading at oversold extremes. A higher correction is expected. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower. We look to Sell at 19025 (stop at 19185) Our profit targets will be 18570 and 18015 Resistance: 19140 / 19840 / 20400 Support: 18015 / 17710 / 16325 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:HK33HKDShort
by OANDA
Selling HKEX into a rally.HS50 - 24h expiry - We look to Sell at 19695 (stop at 19875) Buying pressure from 18979 resulted in prices rejecting the dip. We are trading at overbought extremes. Our short term bias remains negative. We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back lower. Weekly pivot is at 19695. Our profit targets will be 19245 and 19165 Resistance: 19840 / 20400 / 20965 Support: 19140 / 18015 / 17710 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group
HShort
by VantageMarkets
HKEX to find sellers at psychological level?HS50 - 24h expiry Buying pressure from 19347 resulted in prices rejecting the dip. We are trading at overbought extremes. Short term bias is mildly bearish. The hourly chart technicals suggests further upside before the downtrend returns. Preferred trade is to sell into rallies. We look to Sell at 19985 (stop at 20220) Our profit targets will be 19435 and 19335 Resistance: 20400 / 20965 / 21770 Support: 19140 / 18015 / 17710 Risk Disclaimer The trade ideas beyond this page are for informational purposes only and do not constitute investment advice or a solicitation to trade. This information is provided by Signal Centre, a third-party unaffiliated with OANDA, and is intended for general circulation only. OANDA does not guarantee the accuracy of this information and assumes no responsibilities for the information provided by the third party. The information does not take into account the specific investment objectives, financial situation, or particular needs of any particular person. You should take into account your specific investment objectives, financial situation, and particular needs before making a commitment to trade, including seeking advice from an independent financial adviser regarding the suitability of the investment, under a separate engagement, as you deem fit. You accept that you assume all risks in independently viewing the contents and selecting a chosen strategy. Where the research is distributed in Singapore to a person who is not an Accredited Investor, Expert Investor or an Institutional Investor, Oanda Asia Pacific Pte Ltd (“OAP“) accepts legal responsibility for the contents of the report to such persons only to the extent required by law. Singapore customers should contact OAP at 6579 8289 for matters arising from, or in connection with, the information/research distributed.
OANDA:HK33HKDShort
by OANDA
Where's next?On July 24th, a meeting of the Chinese Political Bureau was held, and compared to the meeting in April, the overall tone was more positive. The meeting focused on large-scale consumer sectors such as automobiles, electronic products, and home furnishings, as well as service consumption sectors such as sports, leisure, culture, and tourism. There were some adjustments in the wording regarding the real estate sector. The meeting also emphasized the importance of an active capital market, and people are keenly observing the follow-up policy implementation. With the reinforcement of positive signals for stable economic growth in the country, there is an expectation of improved demand for commodities such as copper, aluminum, steel, PVC, PP, and EB. Given the clarity of the bottoming-out policy, domestic stock indices have benefited significantly. Additionally, considering the relatively favorable valuations of domestic stock indices and the stock-to-bond ratio, it might be worth paying attention to the opportunities in the domestic stock market. Regarding economic data, after the data for June, the PMI index for July also continued to signal a bottoming-out of the economy on a month-on-month basis. Manufacturing PMI showed a seasonal rebound, and there were signs of inventory bottoming-out. The new order index also showed an increase on a month-on-month basis. Further data validation will be crucial in confirming the bottoming-out trend.
TVC:HSILong
by TraderXR