Global Equities Asia: Hang Seng Fells 2.1% By Fresh Concerns Of Evergrande
Global Equities Asia: Most Asian markets closed in the minus such as the Hang Seng Index which fell about 2.1%. Fresh concerns and a trading halt on the Hong Kong Stock Exchange of Evergrande pressured the markets.
The market testing buyers around the lower extremes of the current hourly balanced price range with a resistance of the Quarter’s VAL close level. The monthly perspective still trends lower and testing a previous distribution for buyers.
Traders might be lurking for patterns around the mentioned swing lows in the Futures contract of HSI on the hourly. Markets in China are closed until October 7th for the Golden Week holidays.
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