Long Term Trend (36 Months): Positive
Tuesday’s Close: (ASIA): 23,924.54
UPDATE: Five months ago the HS traded up to 24,450. At that time we highlighted: “24,890 represents resistance at our proprietary up-trend line (see chart), and the high posted two weeks prior to that might represent the highest the Index trades for some time”.
Subsequently, that region held and to- date, prices remain under that region.