Hong Kong Stock Index (* A nice rebound shall be underway)

Updated
Hong Kong Index

We are seeing a very potential early signs bullish rebound.
If all works well, it can swing back to 29280 and eventually 30200 region.

I am NOT with the BEAR anymore.



Press "Like" and "Follow". We will help you become a better trader
Sonic




Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
We, Sonicr Mastery dot com is not responsible for any liabilities arising from the result of your market involvement or individual trade activities.
Note
HK Index

As expected, we had a bullish rebound and it is now at the minor resistant of 28,885 level, it may get stalled a little bit but sooner or later, it should rise up further till it hit a strong resistant level of 29.180.

Press "Like" and "Follow".
Sonic

snapshot

Hong Kong Stock Index (* A nice rebound shall be underway)
Note
HK Stock Index

HK index is one bad dragon to ride.
We need to take charts as perspective instead of reacting emotionally.

We have a strong bullish momentum, for now, it shall go UP higher. We are still in the race to reach 29222 level.

snapshot
Note
Hong Kong Stock Index

We have tons of tweezers/pins/wicks (whatever you may call it) at 27840 to 28340 regions.
These are the signs of bullish aggressive, so the market rebound up for now.

I am Bullish toward 29,000 level.

Let's see.

S0nic

snapshot
Note
Update View On HSI (24 July 2018)

The index is doing well in our intended direction.
It should go to 29165 and 29370 level soon.

Stays on the long side for now.


S0nic

snapshot
Note
Updated View On HK Stock Index (26 July 2018)

It just hit our first TP level. It was a good resistant.
It may be in the retracement mode for now but I expect it is better to wait for a buy at a lower level.

We do not have to rush in, and I expect 28560 to 28600 level to be a good potential reversal.

I am still overall Bullish.


snapshot
Beyond Technical AnalysishongkongHang Seng HSI hsiforecastindextradingsingaporesonicrmasterysonicrsystemTrend Analysis

Related publications

Disclaimer