Thursday, January 19, 2017

CLSA 2017 Feng Shui Index

CLSA has published its feng shui index indicating the possible pattern and relative magnitude of the Hang Seng Index's monthly movement for the year of Fire Rooster. 


Hang Seng index is expected to move side way until end of March before it starts to move higher in April and peak by end of June. There will be a month of correction in July. It will then move side way to slightly higher until November. It will then go downhill until end of the Rooster year.

As the 2016 year of the Monkey is about to end, it is time to have a look at the CLSA 2016 feng shui index with respect to the actual performance of Hang Seng Index in 2016. 


On a monthly comparison, only 5 out of 12 months is correct. The peak of feng shui index is in March but Hang Seng actually peaked in September, 6 months later.

Its 2015 forecast was not that good too, but the shape is there except timing and the magnitude of decline. Feng shui index is supposed to end the year with a net gain but Hang Seng actually ended 2015 with a 25% net loss.


The 2014 forecast was excellent, perfect.


2013's forecast was bad.


For 2012 the general shape is there except timing is out. On a monthly comparison, the score is 50-50.


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