The chart covers period from 25 January 2020 to 11 February 2021. According to the chart, Hang Seng Index is expected to stay above its 24 January 2020's closing value of 27,949 for the next 12 months and is expected to close the 'Metal Rat' year at its high for the year. It is going to be a very good year for the Hong Kong stock exchange.
I have made a comparison between the Hang Seng Index in 2019 with respect to the CLSA 2019 Feng Shui Index as shown below.
Except for month 5, 6 and 7, for the rest of the nine months, the actual movement of the Hang Seng Index in 2019 was out of phase with the CLSA 2019 Feng Shui Index. For month 9 and 10, the shape of the Hang Seng Index is quite similar to that of the Feng Shui Index but unfortunately the Hang Seng remained in the negative territory where the Feng Shui Index were in the positive territory.
Let's watch the Hang Seng Index for the coming 12 months and find out whether it will move in tandem with the CLSA Feng Shui index.
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