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Hang Seng heading towards 30000

Hong Kong Hang Seng Index (HSI) rose 708 points today! Why not?! HSI broke above its psychological resistance at 25000. It could test the 30000 mark very soon. The potential target for this rally could be 32000-35000.



Chart: HSI's monthly chart as at April 9, 2015 (Source: Yahoo Finance)

Note:

In addition to the disclaimer in the preamble to my blog, I hereby confirm that I do not have any relevant interest in, or any interest in the acquisition or disposal of, Hang Seng Index.

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