Technical Analyst, Saxo Bank
Hang Seng Index is showing divergence on daily RSI indicating a weakening of the downtrend. If Hang Seng closes above 17,080 a nice little rebound to 17,682-18.000 could be seen. That means the gap will be closed and further upside will be likely.
However, the upper trendline in the short-term falling channel could become a bit of a struggle to break. If HSI does break above the short-term falling trendline there is resistance at the upper falling trendline (dark blue) and 18,235.
China A50 Index future has been in a falling trend after peaking in 2021 peak but now seems to have found support at 12,294. Divergence on weekly RSI indicates China A50 is in for a rebound possibly to test its falling (black) trendline.
If the Index closes above its falling trendline resistance at 15,015 could be tested. If A50 closes above, it has confirmed a double bottom pattern with potential up to around 17K
Short-term A50 has formed a falling channel pattern. Rebounding from support it is likely to test its upper falling trendline, but the Index future needs to close above 13,502 to gain further upside towards 14K
If A50 future drops below lows at 12,326 bear trend resumes which can take the future down to 2020 lows at 11,498.
A new fragmented world order can render some of today's infrastructure obselete, but it also calls for massive new investments across the globe, which requires a new set of strategic and tactical investment strategies.
Steen Jakobsen,
Chief Investment Officer
As globalisation turns to fragmentation, China seems set on playing a role in the global economy, while simultaneously working towards proofing its own economic situation from external shocks and crises.
Redmond Wong,
Market Strategist
The recent bank runs and ensuing challenges are reminicent of something we've seen before. Will it end like the S&L crises of 1986 and 1995?
Chris Dembik,
Head of Macroeconomic Research
Equity markets need to recalibrate to another - fragmented - global world. What's your view on equities in this market - are they going up or down?
Peter Garnry,
Head of Equity Strategy
With every development comes new opportunites, some of which could be in India. Have you considered the country as a part of your diversification strategy?
Charu Chanana,
Market Strategist
A collar is an option strategy that allows some protection while maintaining some upside potential. What investment would you like to use a collar strategy for?
Hans Oudshoorn,
Trainer Academy
There are arguments to be made for many commodities to have upside. Which are you paying the most attention to this quarter?
Ole S. Hansen,
Head of Commodity Strategy
In a very challenging macro environment, which currencies do you think will come out on top?
John J. Hardy,
Head of FX Strategy