Hang Seng (^HSI)

Composite signal at decile 6/10 (NEUTRAL) as of 2026-06-12 → calibrated P(8%+ drawdown within 120 trading days) = 26% (base rate 23%)

composite hit decile 9-10 (high warning) on 888 days; of those, 388 (44%) preceded a real 8%+ drawdown over the next 120 days · base rate 23.0%