Quarterly Outlook
Investor Outlook: Beyond American shores – why diversification is your strongest ally
Jacob Falkencrone
Global Head of Investment Strategy
Technical Analyst, Saxo Bank
Hang Seng Index is range bound between 20,284 and 19,515. If closing above upper band a move to around 21,000 is likely. 55 and 100 SMA’s will provide some resistance.
If close below support at 19,515 there is some support at around 19,178 but March lows around 18,235 could be tested.
Q3 Macro Outlook: Less chaos, and hopefully a bit more clarity