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Click on any chart to engorge it

Hong Kong Breaks 10 Month Slide

The Hong Kong stock market has broken a ten month downtrend.  If the recent history of the Hang Seng Index leading by 5 or 6 months holds, this could mean a rally for US stocks early next spring.  In the meantime, we could be due for a sharply lower market than the July bottom before the end of the year - maybe real soon.