YANG - China Bear Fund 3x leverageThere are numerous headwinds to the Chinese economy and normally I would say the CCP would be able to manipulate the mechanisms needed to keep stability, but not this time. This time it is different due to conflicting policies and factors outside of their control.
You have their 0 Cov policy which is causing widespread business disruption as the Chinese vaccine dose not seem effective against omicron and B.A2 variant.
You have them needing to strengthen the yuan due to the dollar ripping higher by selling USD but, they need the dollars to service debts and there is a dollar liquidity crisis which means they need to hold on to every dollar they can.
You have the ag sector not fully recovered from decimating their swine herd due to Swine Fever and crops disrupted due to last year's flooding plus a global fertilizer shortage.
Finally you have it as a bet that an autocratic regime, governed by a single man who has a record of shooting the messenger, to not respond to economic crisis nimbly, imaginatively and effectively.
Entry over the week of 4/25, averaged in at 20.40. Good luck and god speed.
Hangseng
Hong Kong Hang Seng Index at 30-year supportThe Hang Seng absolutely melt down on Monday, most people explained the selloff as the disappointment in Xi and his royalists taking complete control of the CCP, or the market is disappointed because there is no lifting of COVID restrictions after the 20th party congress....IMO, both of these are or should be well expected, the people's daily actually published the importance of COVID zero for like 3 days in a row ahead of the 20th party congress....anyway
If we zoom out, we can see the HSI is at a historical upward trend line support, and below it at the moment (this is a monthly chart). Valuation does not make sense, because the Index is trading at 0.6 PB, and each time the index traded below 1 in history, it resulted in significant return over the next 2 years (and I believe the PB never went below 0.9). However, the index now has more tech companies in it and the price to book is inflated a bit?
However, given how oversold and undervalue the index is, this looks more like a final capitulation than a "start" of another round of bear market. If we just simplify things, if the index level climb back up above this 30-year trend line, there is a high chance that the bottom is in like previous bear markets circled in red (given no new black swan event happen to the world). Volume also picks up significantly today (not available on tradingview somehow), consistent with typical capitulation at market bottom where everyone loses hope and just give up and shut down their computers...
meanwhile, theres energy crisis, war, inflation and protests going on in Europe, but European equities are up as much as 2% today and US futures up 0.5-0.8% pre market, no one cares about China selling off...interesting divergence...
Elliott Wave View: Hangseng Index Sequence Remains BearishShort term view of Hangseng Index suggests cycle from 6.28.2022 high is unfolding as a 5 waves impulse Elliott Wave structure. Down from 6.28.2022 high, wave ((i)) ended at 19469.11 and wave ((ii)) ended at 20185.15. Index then resumes lower in wave ((iii)) towards 16906.96 with internal subdivision as an impulse in lesser degree. Wave ((iv)) rally ended at 18164.20 with internal subdivision as expanded flat as the 1 hour chart below shows. Up from wave ((iii)), wave (a) ended at 17315.79, pullback in wave (b) ended at 16906.96, and wave (c) ended at 18167.37.
The Index then has resumed lower again. Technically it has enough number of swing to end wave ((v)) but near term may still extend lower. Down from wave ((iv)), wave (i) ended at 16438.60. Wave (ii) rally is in progress as an expanded flat and while below 18167.37, the Index can resume lower again. Near term, as far as pivot at 18167.37 high stays intact, expect rally to fail in 3, 7, or 11 swing for further downside. Once wave ((v)) ends, it should also end the cycle from 6.28.2022 high. Index should then do larger degree rally in 3, 7, or 11 swing to correct that cycle before the Index resumes lower.
HSI UpdateOversold and hit my target last night so bought some PDD calls this morning.
Good earnings and positive news so you know that garbage is gonna go up fast, it always does. Already getting pumptarded, but I've seen PDD move $20 in a week, for example runup before last earnings.
This is why I plot stuff though, hit the target almost on the dot.
HANG SENG The 6 year Support is holding. Potential 25k move.Hang Seng (HSI) broke and closed today above the 1D MA50 (blue trend-line) for the first time since February 2021. Despite the weakness since early April, the index hasn't yet broken or even come close to the March 16 low, indicating that we have a long-term Support. That is reasonable technically as that level (18250) is a 6 year Support formed by the February 12 2016 low and as long as it holds, pull-backs should keep finding buyers.
The natural target next is the 1D MA200 (orange trend-line) and towards the end of the year, the 0.618 Fib (around 25000), which would be a symmetrical move with the 2016 bullish break-out from the long-term correction.
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HANG SENG 30th MAY 2022In China, authorities are holding an unprecedented national meeting by teleconference in a bid to boost the economy hit by Covid-19. Investors' concerns about tightening monetary policy seem to have eased. Hong Kong's Hang Seng Index led the strengthening of Asia-Pacific markets today. One of the driving factors was the soaring stock of Alibaba.
Premier Li Keqiang also warned that China's current economic difficulties outweigh the severe shocks at the start of the Covid-19 pandemic in 2020. So the bearish possibility could occur before they actually get out of the fight against the pandemic.
HSI TREND FOR 01 MAY TO 05 MAY==========================
====== DISCLAIMER ==========
=============================
This chart and trend analysis is MERELY an OPINION, not the PROFESSIONAL ADVISE
This analysis does not provide any trading suggestion and ask for selling and buying, please be responsible for your own investment behaviour
And we do not be responsible for your own loss
Also, the future might change anytime and everything won't go as what we predicted, so please accept this analysis as an entertainment, don't be serious about fail prediction or wrong concept and prediction. Thank you.
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Analysis Start ( GOOGLE TRANSLATE)
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Greetings, now i would like to share some of my opinion of HSI trending.
I hope everyone has bought on dips for the past four day, and here we go, the trend now meets the first pressure at 20850, only if the trend can stand above this pressure, then the uptrend will keeps going. IF THERE IS NO BAD NEWS, THE TREND WILL CONTINUE.
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At last, all the prediction above IS MERELY AN OPNION, and probably won't go as we predicted, so please jsut accept all this prediction as a entertainment .
Hope all of you may gain more and more profit in Stock market, good luck
Major Indexes are resilient but may be due to selloffThe world is focused on the US indexes which have recently broken down out of the uptrend. The question is now whether there is more downside to come which could turn into a major selloff after such a big Fed Fueled pandemic rally. I take a look at the price action and major levels of the Key Indexes.
In the US - DOW, SP500 and Nasdaq
Europe - DAX, FTSE and Eurostoxx
ASIA - ASX200, Hang Seng and Nikkei
Remember to take a look at my profile and follow for more content and analysis.
HSI trend Prediction for 22 and 23 APRIL 2022==========================
====== DISCLAIMER ==========
=============================
This chart and trend analysis is MERELY an OPINION, not the PROFESSIONAL ADVISE
This analysis does not provide any trading suggestion and ask for selling and buying, please be responsible for your own investment behaviour
And we do not be responsible for your own loss
Also, the future might change anytime and everything won't go as what we predicted, so please accept this analysis as an entertainment, don't be serious about fail prediction or wrong concept and prediction. Thank you.
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Analysis Start ( GOOGLE TRANSLATE)
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Greetings, now i would like to share some of my opinion of HSI trending.
The trend has appeared oversold signal today, and it break through 20750, which means the trend will go down for a short period until it has searched its bottom.
Therefore, we predict that 22-23 APRIL (Thursday and Friday) will godowntrend again before 20085, or go side retracement trend between 20750 - 20085.
Our advise is: May start to buy on dips if it meets new low everytime, and observe it will rebounce or not before 20085, if not, may be careful
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At last, all the prediction above IS MERELY AN OPNION, and probably won't go as we predicted, so please jsut accept all this prediction as a entertainment .
Hope all of you may gain more and more profit in Stock market, good luck
HSI trend prediction for 19 April 2022 (One day only)==========================
====== DISCLAIMER ==========
=============================
This chart and trend analysis is MERELY an OPINION, not the PROFESSIONAL ADVISE
This analysis does not provide any trading suggestion and ask for selling and buying, please be responsible for your own investment behaviour
And we do not be responsible for your own loss
Also, the future might change anytime and everything won't go as what we predicted, so please accept this analysis as an entertainment, don't be serious about fail prediction or wrong concept and prediction. Thank you.
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Analysis Start ( GOOGLE TRANSLATE)
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Greetings, now i would like to share some of my opinion of HSI trending.
Now the trend go in sideway retracement almost One Month, and the next important change date will be at 19 April 2022.
The trend is now between 20750 to 22500, now is waiting for a IMPORTANT NEWS to help change the trend in the future, and we predict it might come up during this weekend.
Our suggestion : May buy on dip when it meets new low everytime, but if the trend break through 20750, the risk of downfall will become bigger and should have to observe whether the trend will refill the gap below 20750 or not.
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At last, all the prediction above IS MERELY AN OPNION, and probably won't go as we predicted, so please jsut accept all this prediction as a entertainment .
Hope all of you may gain more and more profit in Stock market, good luck
Hang Seng Tech Index: Rectangle May Hint at Trend ResumptionThe Hang Seng Tech Index appears to be carving out a Rectangle chart pattern on the 4-hour setting.
The ceiling seems to be at 4883 with the floor at 4300.
Breaking above could open the door to extending the mid-March bounce, but that would place the focus on a long-term falling trendline from February 2021.
The latter may reorient the index lower. On the other hand, clearing the trendline could open the door to a material change in trend.
Breaking under the rectangle exposes the 23.6% Fibonacci retracement at 4044 before the March low comes into play at 3463.
HSI:HSTECH
Elliott Wave View: Hangseng Index Pullback Should Find SupportShort Term outlook in Hangseng Index suggests pullback to 18235.48 ended super cycle wave (II). This is a 4 year correction which started from January 2018 high. Super cycle wave (III) is currently in progress with internal subdivision as a 5 waves impulse Elliott Wave structure. Up from wave (II) low, wave 1 ended at 19075.75 and dips in wave 2 ended at 18584.04. Index then resumes higher in wave 3 towards 21823.07 and pullback in wave 4 ended at 21096.31. Final leg higher wave 5 ended at 22423.51 which also completed wave (1). Wave (2) pullback is currently in progress to correct cycle from March 15, 2022 low.
Wave (2) pullback should unfold in 3, 7, or 11 swing and while the pullback stays above 18235.48, expect the Index to resume higher again. The 60 minutes chart below shows a possible zigzag corrective internal structure within wave (2). If the Index instead rallies and breaks above wave (1) at 22423.51 without doing further pullback, this may suggest wave (2) has ended at 21202.69. In the alternate scenario, the Index should then continue higher against 21202.69 in wave (3) already.
HSI Trend Analysis for one day only 23 Mar 2022==========================
====== DISCLAIMER ==========
=============================
This chart and trend analysis is MERELY an OPINION, not the PROFESSIONAL ADVISE
This analysis does not provide any trading suggestion and ask for selling and buying, please be responsible for your own investment behaviour
And we do not be responsible for your own loss
Also, the future might change anytime and everything won't go as what we predicted, so please accept this analysis as an entertainment, don't be serious about fail prediction or wrong concept and prediction. Thank you.
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Analysis Start ( GOOGLE TRANSLATE)
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Greetings, now i would like to share some of my opinion of HSI trending.
Today the trend gap up open again, and surpass the resistance area of 21875. The future change date will be at 29 March 2022.
We predict that the trend might probably go down and touch 21875 again today or tomorrow (24 Mar 2022). If the trend does not break through 21875 and go below, then the support will be strong enough to support the futher rebounce in future.
Our suggestion is, may start to reduce the stock when meets the new high in this few days, and observe the trend whether will go below 21875 or further low 21495 and 20795. This few day the trade volume reduced half of the volume if compare to the time HSI rebounced at 16 Mar to 18 Mar. Most of the investors guess the trend might go down whenever, But there will be 30% of exception that the trend might go in a different way that out of the investors expectation.
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At last, all the prediction above IS MERELY AN OPNION, and probably won't go as we predicted, so please jsut accept all this prediction as a entertainment .
Hope all of you may gain more and more profit in Stock market, good luck
HSI Trend Prediction of 21 Mar 2022 (One day only)==========================
====== DISCLAIMER ==========
=============================
This chart and trend analysis is MERELY an OPINION, not the PROFESSIONAL ADVISE
This analysis does not provide any trading suggestion and ask for selling and buying, please be responsible for your own investment behaviour
And we do not be responsible for your own loss
Also, the future might change anytime and everything won't go as what we predicted, so please accept this analysis as an entertainment, don't be serious about fail prediction or wrong concept and prediction. Thank you.
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Analysis Start ( GOOGLE TRANSLATE)
=========================
Greetings, now i would like to share some of my opinion of HSI trending.
Last week, we have met the most horrible way to wash out investors chips in HSI stock market, then met the most powerful rebounce in two day. Therefore, most of the people will think about that, DOES THE REBOUNCE WILL CONTINUE NEXT WEEK?
We will analysis this question by predicting ONE DAY ONLY trend at 21 Mar 2022.
Since the NIGHT FUTURES closed at 22110, then it means that next Monday will be a gap up open trend. Then we should mark out TWO PRESSURES and TWO SUPPORT area in the chart.
Our prediction as below :
1. IF THE TREND CAN REBOUNCE WHEN IT TOUCHED THE FIRST SUPPORTIVE LINE ONCE AND NEVER TOUCH IT AGAIN, THEN THE REBOUNCE MIGHT BE CONTINUE FOR A SHORT PERIOD.
2. iF THE TREND BREAK THROUGH FIRST SUPPORTIVE LINE AND REBOUNCE WHEN IT TOUCHED SECOND SUPPORTIVE LINE, THEN THE REBOUNCE MIGHT GO WEAK AND PROBABLY END THE REBOUNCE TREND AT TUESDAY
3. IF THE TREND FLIP DOWN WHEN IT TOUCH THE FIRST PRESSURE LINE AND CANT BREAK THROUGH AGAIN OR CANT GO HIGH AGAIN AFTER BREAK THROUGH, THEN THE TREND WILL BE END ON MONDAY
4. IF THE TREND FLIP DOWN AFTER IT BREAK THROUGH FIRST PRESSURE LINE AND FLIP DOWN WHEN IT TOUCHED SECOND PRESSURE, THEN THE KEY POINT WILL BE THE TREND CAN MAINTAIN ABOVE THE FIRST PRESSURE LINE OR NOT? IF CAN, THEN MIGHT HAS ONE MORE DAY UP TREND AGAIN. IF NOT, THEN THEN TREND WILL END.
5. IF THE TREND REBOUNCE AND FLIP DOWN BETWEEN FIRST SUPPORTIVE AND FIRST PRESSURE AREA AND CANT HAS A EFFECTIVENESS BREAK THROUGH IN ONEDAY, DEPEND ON THE TRADE VOLUME, IT MIGHT BE DEALER TRY TO WASH OUT THE UNSTABLE CHIPS, AND SEARCH A GOOD CHANCE TO CREATE NEW HIGH AGAIN.
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At last, all the prediction above IS MERELY AN OPNION, and probably won't go as we predicted, so please jsut accept all this prediction as a entertainment .
Hope all of you may gain more and more profit in Stock market, good luck
Dominant Currency Sentiment – EUR Supported Heading into today’s European trading session, the risk tone is cautious. Asia-Pacific indices are mixed, volatility measures are elevated and safe-havens mixed.
Leading Asia-Pacific indices to the downside is the Hang Seng at -5.61%, followed by the CSI 300 at -4.57% and the ASX 200 at -0.73%. The Nikkei 225 and Topix are positive on the session at +0.15% and +0.79%, respectively.
In the FX complex, it’s CAD leading to the downside as oil prices continue to tumble, with WTI now trading below $98 per barrel – down almost 5% since the start of the Asia-Pacific session.
In contrast to CAD and leading to the upside is EUR as hopes surrounding Ukraine/Russia peace talks continue to support the single currency. Consequently, EURUSD has continued its choppy grind higher to now reclaim the 1.10 handle, while EURJPY tests the 130.00 handle to the upside.
Looking ahead, today’s economic calendar is light on tier one data, keeping the market’s focus fixed on the ongoing peace talks between Ukraine and Russia. Other topics of note include monetary policy expectations ahead of this week’s FOMC meeting and China’s rise in coronavirus cases which is beginning to weigh on the commodity outlook.
HSI trend prediction for 14 March to 18 March 2022==========================
====== DISCLAIMER ==========
=============================
This chart and trend analysis is MERELY an OPINION, not the PROFESSIONAL ADVISE
This analysis does not provide any trading suggestion and ask for selling and buying, please be responsible for your own investment behaviour
And we do not be responsible for your own loss
Also, the future might change anytime and everything won't go as what we predicted, so please accept this analysis as an entertainment, don't be serious about fail prediction or wrong concept and prediction. Thank you.
=========================
Analysis Start ( GOOGLE TRANSLATE)
=========================
Greetings, now i would like to share some of my opinion of HSI trending.
Apparently, we may find that the trend is now going sideway retracement, and waiting for a chance to change the trend.
We all know the war and the increase rate of USA are all going together in this short period, it may influence the stock market in short period, BUT NOT IN LONG PERIOD.
I believe everyone have read enough news, so i will not repeat the content again. For HSI trend, we expect it might go in a sideway box between 21330 to 20000, may possibily break through 20000 and go to 19800 too. AS LONG AS THE TREND DID NOT BREAK THROUGH THE FINAL SUPPORTVE LINE OF 19800, THE SIDEWAY TREND WILL NOT BE CHANGED IN SHORT PERIOD UNTIL SOME GOOD NEWS IS COMING UP. THEREFORE, IT COULD BE SAID AS THE BEST CHANCE TO BUY ON DIP WHEN MEETS EVERY NEW LOW IN SHORT PERIOD.
IF THE TREND SEARCHING BOTTOM MODE IS OVER, WE WILL ADVISE TO YOU ALL ASAP. BUT IN SHORT PERIOD, IT WONT CHANGE.
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At last, all the prediction above IS MERELY AN OPNION, and probably won't go as we predicted, so please jsut accept all this prediction as a entertainment .
Hope all of you may gain more and more profit in Stock market, good luck
The important prediction for the HSI trend 09 March 2022==========================
====== DISCLAIMER ==========
=============================
This chart and trend analysis is MERELY an OPINION, not the PROFESSIONAL ADVISE
This analysis does not provide any trading suggestion and ask for selling and buying, please be responsible for your own investment behaviour
And we do not be responsible for your own loss
Also, the future might change anytime and everything won't go as what we predicted, so please accept this analysis as an entertainment, don't be serious about fail prediction or wrong concept and prediction. Thank you.
=========================
Analysis Start ( GOOGLE TRANSLATE)
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Today we have observed a important signal of HSI, therefore we would like to share with you all faster.
Now the HSI trend has gone to 20102 this afternoon, and then it started to rebounce until 20600 above. The trade volume is increased this three day, But the decline began to shrink, and the trend is becoming a FAKE TRHEE CROW OF BLACK CANDLE.
What is this mean? It means THIS IS PROBABLY A BEST CHANCE TO BUY ON DIP.
If you check the Moving Average of HSI Month Period, you will find that the trend has touched the 250 MA. If the trend can close above 250 MA (20615), today will PROBABLY to be the last day of the bottom searching of HSI. Unless there is another war happen or new virus be found in future. I hope this trend analysis prediction may give you some clue to make decision
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At last, all the prediction above IS MERELY AN OPNION, and probably won't go as we predicted, so please jsut accept all this prediction as a entertainment .
Hope all of you may gain more and more profit in Stock market, good luck