The Hang Seng Composite ($HSI) is having a good year with a 6% gain year-to-date. The weekly chart also looks bullish because the big trend is up and a correction just ended. First, the index broke resistance with a sharp advance from late June to early September. Second, the index hit a 52-week high in early September. Third, the 10-week EMA moved above the 40-week EMA in early August.