China Stocks Are Extending A Recovery
May 16, 2024

HSI

China stocks are nicely extending a recovery as expected and there can be space for more upside within that projected wave (C) on HSI – Hang Seng Index as mentioned and highlighted on April 25th. click here
We have been warning about that China may have a global impact on stocks and we can now see even US stocks back to all-time highs as anticipated. At the same time, we can also see Aussie nicely following Chinese stocks with room for more gains, just be aware of short-term pullbacks.

China Stocks Are Extending A Recovery HSI Daily Chart
HSI Daily Chart

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