Watching Hong Kong And The Derivatives Trigger Of Doom (HSCEI)

The Hong Kong Stock Exchange Hang Seng China Enterprises Index is trading up 90.63 at 8,106.07.

Although we are not big fans of technical analyst Tom DeMark he said something today on Bloomberg that triggered some awareness sensitivity on our part. As quoted at ZeroHedge:





We are pretty confident the next level on the HSCEI is below 7,500.
We think what we're going to see in the HSCEI is