Quarterly Outlook
Investor Outlook: Beyond American shores – why diversification is your strongest ally
Jacob Falkencrone
Global Head of Investment Strategy
Technical Analyst, Saxo Bank
Summary: Hang Seng and China A50 have broken bullish above its falling trendlines indicating higher levels in coming weeks.
China A50 future has continued its uptrend after breaking above its falling trendline. Resistance at around 13,500 is likely to bet tested shortly.
A close above will pave the way higher. The confirmation of the Double bottom pattern is indication potential to 14K
To demolish the bullish scenario a close below 12,833.
Q3 Macro Outlook: Less chaos, and hopefully a bit more clarity