BHP 0.42% $42.60 bhp group limited

Until recently the Hang Seng and the Dow Jones have been...

  1. 699 Posts.
    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.

    Photobucket

 
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