Charts Interpretation - Hong Kong
We'll start off with the overall weekly ranking:
Now let's dive into some sectors of interest:
The Energy sector was placed on the watch-list for an upgrade. While still range bound in absolute price, is breaking out of a year long bottoming process with momentum holding in a bullish range.
The Services, Industrial Goods and Consumer Goods sectors are stabilizing their downtrend at the 50% Fibonacci retracement level of their respective 2016-2018 advance.
Interesting week ahead!