We'll admit that the Hang Seng does not have the most bullish of structures among APAC indices, but it continues to defy bears with a break of key support. And if sentiment for global indices picks up as we suspect, it could pave the way for another cheeky long for Hang Seng bulls. The index has seen three failed attempts to break beneath 17500 since late June....
Watching the Hand Seng underlying index in coming sessions...could be a good selloff on the cards...price action looking weak and there is a lot of buyers that could be put under pressure to unwind long positions!!
The last pull back wave ''c'' will bring HSI FUTURES to 24425 levels this week (10/12/21) This will be the clue for creating shorts,because next downside target is at 19334
HSI1! HSI1! 2021 June 21 Week (Intraday) Market has made lower high and we can now visualize a down channel. Intermittent support at 28441. Scenario: 1) Short opportunity if price returns to test 28751 - 28655 region 2) Wait for price reaction at red/green zone before taking position.
After the breakthrough on two weeks before, HSI is heading to the top of the ascending channel, it doesn’t mean try to short, like, just short call to make a cover call strategy or wait for some pull back for a long chance
Didn't get the pullback before run for new highs as anticipated in the last analysis but on the flip side it means very little left to distribute. A pullback would have meant more to distribute above but now it looks like a quick up and back down. We have 7 weeks of distribution mainly between 23750 - 24250(See previous posts) Without volume, the last few...
Dates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will...
The recent drop for HSI started on 20 Jan 2020 at 29174.9. It would be a good level and good narrative to buy after seeing it dropped for 30% or -8,888 from the last top. Buy at 20286.9, accumulate below 23631.5. We would expect the market to stabilize and have a rally before US Election 2020.
While everyone is trying catch a bottom, the HSI Inverted Weekly Chart gives a bearish view on the Hang Seng Index. The candles from the last three weeks are bearish: 1) A Reversal Red Candle 2) A Gap with Solid Long Red Candle 3) Green Candle with Long Wick In the coming two weeks it may hit and test the weekly support line at around 25180. Let's see how the...
HSI bounced off 27665.9 where it could potentially rise further to 28593.7. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
HSI bounced off 27665.9 where it could potentially rise further to 28593.7. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
HSI bounced off 27935.3 where it could potentially rise further to 28611.0. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
HSI bounced off 27935.3 where it could potentially rise further to 28611.0. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
HSI reversed off its resistance at 29222 where it could potentially drop further to 27949. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
HSI bounced off 28804.3 where it could potentially rise further to 29706.0. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
HSI bounced off 28804.3 where it could potentially rise further to 29706.0. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
HSI bounced off 28804.3 where it could potentially rise further to 29706.0. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
HSI bounced off 28804.3 where it could potentially rise further to 29706.0. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.