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 down trend has accelerated the past week pushing the Index to the 1.382 projection of the 2020-2021 Bull market and a few points above 17K . If Hang Seng closes below 17.000, which is quite likely, there is no support before around 2011 lows at around 16,170
To reverse this continued bearish outlook a close above 22,450 is needed
Q3 Macro Outlook: Less chaos, and hopefully a bit more clarity