10/20 Asian Markets Overnight: A Bad Chop Suey for all

By John Galt
October 19, 2011 – 22:25 ET

Wow. Not a good news to be long Hong Kong or in the Shanghai markets tonight.

Is this the start of the technical breakdown of all the equity markets in Asia or just another tease until Europe drops the big one on the world?

Stay tuned.

First from Yahoo Finance, here are the charts which update themselves from Hong Kong:

HSI via Yahoo Finance

And from Shanghai:

Shanghai Exchange via Yahoo Finance

Stay tuned as the next two weeks could get rather interesting.

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