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Nikkei, S&P 500 charts cool into range as HSBC stays bullish on US, Japan equities
Technicals versus the outlook: Nikkei and S&P 500HSBC's Q4 view rests on broadening earnings rather than stretched multiples, with a specific tilt toward the US and Japan. The weekly charts on both indices are broadly consistent with that framing, though they are not telling identical stories right
Why it matters
NKY (Nikkei 225) · Why linked: Article discusses Nikkei technical chart and HSBC's bullish outlook on Japanese equities Market context: Neutral; technical analysis suggests range-bound action with bullish HSBC outlook providing modest support
SPX (S&P 500) · Why linked: Article discusses S&P 500 technical chart and HSBC's bullish Q4 view on US equities Market context: Neutral; range-bound technicals with constructive earnings-based outlook from HSBC
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