Hong Kong 50 Index
Long
Updated

Renewed Hopes And "Positive Uncertainty"

Fundamentals & Sentiment

HK50:
- Expectations of some positive clarifications on the real estate briefing tomorrow
- HK launched some measures to stimulate its economy

USD:
- Risks: rates expectations, geopolitical risks,

Technical & Other

  • Setup: S(RTF)
  • Setup timeframe: 4h
  • Trigger: 1h
  • Medium-term: Up
  • Long-term: Up
  • Min target: Local high
  • Stop loss: 2.43%
  • Position size: 0.85R

Trade closed manually
Market couldn't hold gains even after strong initial impulse at the opening. Too risky to hold into the real estate briefing later today. -0.27R

Disclaimer