By Chris Becker
Given the thin and volatile trading over the Christmas Period, this morning’s report will take a step back and look at the weekly trend overall.
Starting with local Asian share markets where the Shanghai Composite finished the week just above 3000 points after dipping well below that level during the Christmas week session. Meanwhile the Hang Seng Index is advancing well past its downtrend from the February highs, but is yet to beat the false highs from mid year at the 29000 point level. Momentum is quite positive however so we are likely to see a further advance in the new year:
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