Quarterly Outlook
Macro outlook: Trump 2.0: Can the US have its cake and eat it, too?
John J. Hardy
Global Head of Trader Strategy
Technical Analyst, Saxo Bank
Hang Seng Index is range bound between 19,178 and 20,283. A breakout is needed for direction. Break out to the downside Hang Se4ng is likely to test March lows at 18,235.
Breakout to the upside Hang Seng is likely to see a move to 21.000 and a test the falling (black) trendline.