A change of character (CHoCH) is the first sign that a downtrend may be ending. This screen lists stocks on Asian exchanges that were below their 50-day moving average five days ago, whose last two swing lows were falling, and which have now crossed above the most recent swing high (an upper Williams fractal) on above-average volume. SMC traders often wait for a pullback after the CHoCH before entering. Prices are in each exchange's local currency, and the list covers stocks traded in Tokyo, Hong Kong, Singapore, Seoul and Jakarta with at least about US$0.7 million in average daily trading value.
