DAX
The German DAX has completed an H&S top with a down slanted neckline on the weekly chart. H&S tops with down slanted necklines are generally more reliable and powerful than H&S tops with an up slanted neckline.
Nifty/INDA
The Nifty 50 has broken its dominant trendline. INDA has completed 15-month H&S top. Factor is short INDA.
SGX China A50
The dominant chart construction is a possible 15-week rectangle on the daily SGX China A50 chart. I am willing to take a shot at the short side if this pattern is completed.
Taiwan Index
The weekly chart is a textbook example of a complex H&S top pattern. Factor is flat – I count this as a missed trade.
