SSE 50 Index (SSE50) Moves Down For the 2nd Consecutive Day; in an Uptrend Over Past 14 Days

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SSE50

The Hourly View for SSE50 Last Updated January 12, 2021, 03:019 GMT At the time of this writing, SGX FTSE China A50’s price is up 30.69 (0.81%) from the hour prior. The hourly chart shows that SGX FTSE China A50 has seen 2 straight up hours. If you’re a trend trader, consider that the strongest clear trend on the hourly chart exists on the 100 hour timeframe. The moving averages on the hourly timeframe suggest a bearishness in price, as the 20, 50, 100 and 200 are all in a bearish alignment — meaning the shorter duration moving averages are…

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