I put up the Hang Seng index that last closed about 15,100. (There seems to be more than one of them). I put the 200 SMA on it, and the 200 SMA average is curently at about 14,000. The index clearly has 5 waves up on the 2 year daily, with the major 4th wave being at about 12,000. Are we talking about the same index?
How does this relate to either the Dow or LPX? It seems to me it would get complicated using a foreign index to try and figure out what our market is going to do. I don't understand the relevance.