China Optimism FadeFundamentals
Hang Seng
- Broad economic data remains bleak
- HK market isn't so strictly regulated like the mainland one, so it can more likely be let falling
- Risks: Loosening the real estate regulations in big cities, Alibaba case resolve.
USD
- Risks: Fed's 0.5 cut prompts risk assets higher
Technical & Other
Setup: TR(RTF)
Setup timeframe: 4h
Trigger: 1h
Medium-term: Sideways
Long-term: Sideways
Min target: DMA(10)
Risk: 1.08%