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.
Recent stock index analyses:
Director, TerraSeeds Market Technician Pte Ltd. Trader, investor. @sohtionghum was picked ‘Top 70 Forex Twitter in 2015’.
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