what's next after historic plunged?
HSI needs to claw its way back - resistance now takes the spotlight!
🚨🚨🚨
🔎🎯 Always ask before you open a position, what's your time frame!?
Follow this principle for your trade for entry and exit so you will not lost on that particular trade. Happy trading everyone! 💰
From previous posts:-
MACD - Deadcross formed 20/3/2025 on D Chart.
4H chart:
at point of writing ✍️: the Index uptrend mode is broken where we have been reviewing the movement of the Index.
For this week trade plan: Most likely short the index for days to few weeks until get confirmation of reversal back to uptrend.
For swing trade: Buy into support Sell at resistance.
Set your TP/SL & protect your capital.
HK50
On 7Apr25 - special Monday, HSI dropped 13.22% ; 3021.51pts to close at 19828.30. The Index below its 20MA@22814 (currently); 50MA@22509 (currently)
This is the historic largest single day plunge since 1997 Asian Financial Crisis.
Historically, the HSI has experienced significant single-day drops during major financial crises. For instance, that was on October 28, 2008, amid the global financial crisis, the HSI fell by 12.7%, marking its biggest single-day percentage drop since 1997.
Well, human beings shape history. While it may not repeat the same way, but often returns in similar forms and familiar contexts. We are the innovative and creativity creatures on this earth, hence we are free to craft the stories eventually become history.
HK50
currently the 20MA:22581; 50MA:22423
🚨 as of ✍️ :
🗝️ Resistance : 20632
Resistance Level : 20143 20266
Support Level : 18830 19450
🗝️ Support : 18751
W Chart:- HSI continues its Bullish mode with strong pullback! Recovery could expected to see in end Jun - early Jul'25.
17Mar2025 -
24Mar2025 -
7Apr2025 -
For current markets condition, the CHN & HKG can be volatile with the continuing noise from tariff.
🎯 Reminder: For long term (6-18 months) continue to accumulate China & HKG for the potential upside for the year! All retracement is a good entry point.
🔎 DYODD and don't listen to anyone. Invest in yourself, do some study and learn along the way while you trying to verify or finding the answer if to start invest in CHN/HKG markets. If you don't know how or where, you may ask Deepseek/Chatgpt for most reputable Trading courses nearest to you.
Let's follow our own zentradingstrategy , continue to trade and zen with 📙 and 🍵 for profits.
** Please Boost 🚀/LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Share your trading journey to encourage trading and investment buddies.
HSI needs to claw its way back - resistance now takes the spotlight!
🚨🚨🚨
🔎🎯 Always ask before you open a position, what's your time frame!?
Follow this principle for your trade for entry and exit so you will not lost on that particular trade. Happy trading everyone! 💰
From previous posts:-
MACD - Deadcross formed 20/3/2025 on D Chart.
4H chart:
at point of writing ✍️: the Index uptrend mode is broken where we have been reviewing the movement of the Index.
For this week trade plan: Most likely short the index for days to few weeks until get confirmation of reversal back to uptrend.
For swing trade: Buy into support Sell at resistance.
Set your TP/SL & protect your capital.
HK50 On 7Apr25 - special Monday, HSI dropped 13.22% ; 3021.51pts to close at 19828.30. The Index below its 20MA@22814 (currently); 50MA@22509 (currently)
This is the historic largest single day plunge since 1997 Asian Financial Crisis.
Historically, the HSI has experienced significant single-day drops during major financial crises. For instance, that was on October 28, 2008, amid the global financial crisis, the HSI fell by 12.7%, marking its biggest single-day percentage drop since 1997.
Well, human beings shape history. While it may not repeat the same way, but often returns in similar forms and familiar contexts. We are the innovative and creativity creatures on this earth, hence we are free to craft the stories eventually become history.
HK50 currently the 20MA:22581; 50MA:22423
🚨 as of ✍️ :
🗝️ Resistance : 20632
Resistance Level : 20143 20266
Support Level : 18830 19450
🗝️ Support : 18751
W Chart:- HSI continues its Bullish mode with strong pullback! Recovery could expected to see in end Jun - early Jul'25.
17Mar2025 -
24Mar2025 -
7Apr2025 -
For current markets condition, the CHN & HKG can be volatile with the continuing noise from tariff.
🎯 Reminder: For long term (6-18 months) continue to accumulate China & HKG for the potential upside for the year! All retracement is a good entry point.
🔎 DYODD and don't listen to anyone. Invest in yourself, do some study and learn along the way while you trying to verify or finding the answer if to start invest in CHN/HKG markets. If you don't know how or where, you may ask Deepseek/Chatgpt for most reputable Trading courses nearest to you.
Let's follow our own zentradingstrategy , continue to trade and zen with 📙 and 🍵 for profits.
** Please Boost 🚀/LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Share your trading journey to encourage trading and investment buddies.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.