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iShares China Large-Cap Message Board

  • didoo36 didoo36 Oct 15, 2012 7:08 AM Flag

    "Golden Cross"

    The "Hype" is based on the following.
    The Hong Kong Hang Seng Index [$HSI] is currently operating in a Golden Cross state. By that I mean the lower moving average [50 day] crossed over the longer moving average 200 day. This crossover occurred on or about 9/13 or 9/14/12. Bullish country.
    The same can be said about FXI and also by other technical indicators that support this latest Bullish trend.

    Trade Wisely!!!

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