Hang Seng HK50 v JSE Top 40, J200

The Hang Seng index (blue) usually has quite a close correlation with the JSE Top 40 index (red). 

The JSE commenced the bear trend a little time ahead of the Hang Seng, turned into the B wave a little after the Hang Seng and completed the B wave very close to the Hang Seng. 

Now 4 months into the C wave the progress is about one-third of the expected circa 12-month period to the completion of the first part of the first Cycle of this SuperCycle order correction.