SSE 50 Index (SSE50) Heads Up For the 5th Consecutive Day; in an Uptrend Over Past 14 Days

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SSE50

The Hourly View for SSE50 Last Updated January 7, 2021, 15:19 GMT At the time of this writing, SGX FTSE China A50’s price is up 63.57 (1.7%) from the hour prior. It’s been a feast for bulls operating on an hourly timeframe, as SGX FTSE China A50 has now gone up 8 of the past 10 hours. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 20 hour timeframe. The moving averages on the hourly timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in…

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