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: Investing.com

Recent stock index analyses:

  1. Straits Times Index
  2. Nasdaq and broader US context
2Shares
Loading Facebook Comments ...

Leave a Reply