Hang Seng long term buy

21 дек. 2023 г.

HSI

The Hang Seng Index is priming up for a long term buy opportunity. It may have already bottomed, having bounced off the support line from the 2000 crash. However, weakness in US stock markets (notably the QQQ and the SPX) suggests that we may get a global equities sell off in early 2024. If this happens, and the Hang Seng retests its support then this would be an excellent entry point. You could also dollar cost average at these prices.