Tuesday, 9 October 2018

Hang Seng, HK50

NPN has a general correlation with HK50 which approaches 50% retrace with a well developed positive divergence. Could the end of the EM downtrend be in sight?

Naspers Ltd., NPSNY (ADR) New York (blue) 
Hang Seng Index, HK50, Hong Kong (orange)

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