Until recently the Hang Seng and the Dow Jones have been tracking each other in their respective recoveries.
As can be seen in the chart below (Hang Seng {Blue}, Dow Jones (Red}).
Note the recent seperation in the overlays between the Dow and the Hang Seng.
The Hang Seng has begun its correction (no doubt being influenced by the collapsing Shanghai Composite {Black}, which is well and truly into its correction).
It is only a matter of time before the DOW corrects and hence our market too.
china takes a dump, page-11
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Last
$39.62 |
Change
-1.130(2.77%) |
Mkt cap ! $200.9B | |||
| Open | High | Low | Value | Volume |
| $40.45 | $40.68 | $39.56 | $423.2M | 10.58M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 4755 | $39.61 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $39.62 | 16874 | 1 |
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| Last trade - 16.10pm 14/08/2024 (20 minute delay) ? |
| BHP (ASX) Chart |