Quarterly Outlook
Equity outlook: The high cost of global fragmentation for US portfolios
Charu Chanana
Chief Investment Strategist
Access both platforms from your single Saxo account.
Technical Update - Hang Seng Index, China A50 future and Nikkei JP225
Kim Cramer Larsson
Technical Analyst, Saxo Bank Group
Summary: Hang Seng and China A50 experienced a strong rebound but rejected at key resistance levels. Could resume downtrend
Nikkei JP225 still higher but indicator warning about trend exhaustion
Hang Seng Index HSI was once again rejected at 16,270. Currently testing short-term minor rising trendline but is likely to break it and resuming downtrend.
RSI is showing negative sentiment indicating HSI is likely to make new lows below 15K
Key strong support at around 14,863
For HSI to establish an uptrend a close above 16,410 is needed.
China A50 future. 11,585 seems to be a key Pivot/resistance for China A50. Spiking above a couple of times only to close below indicates the resistance is too strong to break.
Down trend could very well resume. However, RSI is showing positive sentiment suggesting A 50 could have another go at the resistance level. A daily close above could very likely establish an uptrend that could take A50 up to next strong resistance at around 12,265
If failing to close above 11,585 and instead is sliding back below the 55 DMA dontrend is likely to resume. A close below 10,717 will confirm that scenario
Nikkei / JP225 cfd Short-and medium-term uptrend seems strong but there is RSI divergence warning about trend exhaustion.
JP225 is fast approaching the 2.00 projection of the Q3 2023 correction at 37,739 where after a correction could occur.
A close below 35,300 will confirm a reversal of the short-term uptrend.
Latest Market Insights
Quarterly Outlook
-
-
Quarterly Outlook
Commodity Outlook: Commodities rally despite global uncertainty
Ole Hansen
Head of Commodity Strategy
-
Quarterly Outlook
Upending the global order at blinding speed
John J. Hardy
Global Head of Macro Strategy
We are witnessing a once-in-a-lifetime shredding of the global order. As the new order takes shape, ... -
Quarterly Outlook
Asset allocation outlook: From Magnificent 7 to Magnificent 2,645—diversification matters, now more than ever
Jacob Falkencrone
Global Head of Investment Strategy
-
Quarterly Outlook
Macro outlook: Trump 2.0: Can the US have its cake and eat it, too?
John J. Hardy
Global Head of Macro Strategy
-
Quarterly Outlook
Equity Outlook: The ride just got rougher
Charu Chanana
Chief Investment Strategist
-
Quarterly Outlook
China Outlook: The choice between retaliation or de-escalation
Charu Chanana
Chief Investment Strategist
-
Quarterly Outlook
Commodity Outlook: A bumpy road ahead calls for diversification
Ole Hansen
Head of Commodity Strategy
-
Quarterly Outlook
FX outlook: Tariffs drive USD strength, until...?
John J. Hardy
Global Head of Macro Strategy
-
Quarterly Outlook
Fixed Income Outlook: Bonds Hit Reset. A New Equilibrium Emerges
Althea Spinozzi
Head of Fixed Income Strategy