Hang Seng Index Technical: Countertrend Rebound in Play But Not Major Bottoming

<p><img width="507" height="338" src="https://www.actionforex.com/wp-content/uploads/2018/04/f-hkd6.jpg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p>
<p>Short-term positive animal spirits have resurfaced in China and Hong Kong stock markets stoked by additional liquidity injection from PBoC and the creation of a “stabilization fund”. Long-term prospects are still dim as a liquidity trap scenario cannot be ruled out in the real economy due to weak consumer and business sentiment. Watch the next […]</p>
<p>The post <a href="https://www.actionforex.com/contributors/technical-analysis/536818-hang-seng-index-technical-countertrend-rebound-in-play-but-not-major-bottoming/">Hang Seng Index Technical: Countertrend Rebound in Play But Not Major Bottoming</a> appeared first on <a href="https://www.actionforex.com">Action Forex</a>.</p>