Browse By

Are these highly correlated Asian stock indices topping?

Traders should decide if this is a signal

EEM, SiMSCI, Hang Seng and China A50 have shown time and again a high level of correlation. Traders must decide whether they have topped, possibly resuming December – February bearish trend.

EEM is based on the very significant MSCI Emerging Markets Index which has 837 constituent stocks from 23 countries.

Overlay of EEM, HSI, SiMSCI and China A50

Overlay of EEM, HSI, SiMSCI and China A50 | Source:

Recent stock index analyses:

  1. Straits Times Index
  2. Nasdaq and broader US context

Director, TerraSeeds Market Technician Pte Ltd. Trader, investor. @sohtionghum was picked ‘Top 70 Forex Twitter in 2015’. Operates multiple strategies.

“Dear reader, I do not have a financial license to give advice. I do not know you the reader. Your financial objective and risk tolerance may be different from mine. I am not responsible for any consequence of your action.

Loading Facebook Comments ...

Leave a Reply