learning from the past: HSI vs DJI

For easier comparison, the two charts are in semi-log and both start with a major historical low (DJI: the great depression; HSI: during 1973-74, the index dropped 91.54%...). In my point of view, it is a kind of consolidation/sideways in a large scale before the next dominant up trend comes.

I generally believe a bottom near 161 or 106 in order to reversing the trend from de-leveraging process.