Hang Seng Volatility Index (HSI VIX): 2 March 2014, Sunday, 11.40am Singapore Time
Chart courtesy of Chartnexus.com
Attached above is the Hang Seng Index Volatility Index.
A bullish volatility index movement translates to a bearish stocks and equities move.
HSI VIX is making a bullish structure long term structure, and the stocks market is making a long term bearish structure. Stocks and equities markets do not look good.
Donovan Rating on Aggregated Stocks and Equities Market Worldwide:
Short term dead cat bounce in stocks and equities worldwide has ended.
Short Term: Bearish Reversal
Mid Term: Downtrend
Long Term: Downtrend
Overall:
Nascent Bear Market in Asia;
Neutral/Sideways in Europe;
Toppish in US
Sell/Unload Investment Portfolios as a Safety Precaution.
Donovan Norfolk Ang
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Time to short HSI?
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