Chinese Yuan and Hong Kong Stocks: What's Next?
by Chris Carolan
Updated: May 29, 2020
It's easy to look at the new round of street protests in Hong Kong and say -- no wonder the Hang Seng, Hong Kong's flagship stock index, is sinking.
But there is far more to this story.
For one, the Chinese yuan has been gaining against the greenback, fulfilling our long-standing Elliott wave forecast.
And the Elliott wave pattern in the Hang Seng has also been tellingly bearish.
Watch our Asian-Pacific market expert explain more
Don't have an EWI Login?
No worries! Join Club EWI, our free Elliott wave educational community, and gain free access to this resource plus a full catalog of other valuable lessons. Plus, we'll keep you updated with new resources, exclusive invitations, and deals.
We respect your privacy.
Ranked #1 for Customer Care 2020
by LiveHelpNow!
by LiveHelpNow!