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Monday, 4 May 2015

Hang Seng Index: 4 May 2015, Monday, 12.05am Singapore Time

Hang Seng Index: 4 May 2015, Monday, 12.05am Singapore Time

Hang Seng and Hong Kong Markets may experience some selling pressure in the coming week. Selling pressure will be reduced if  28317.87 points is recaptured and made the support.
Selling pressure will be increased if the black line support breaks down.

Those who bought the bullish break-up (refer: http://donovan-ang.blogspot.sg/2015/04/hang-seng-index-9-april-2015-thursday.html) should preferably take profits, unless one has the risk appetite to gamble for more upside. However, it would be prudent to at least lock in some profits.

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