Playing The Pullback In The Hang SengIn this update we review the recent price action in the Hang Seng futures contract and identify the next high probability trading opportunity and price objectives to target
HSI1! trade ideas
Bullish rebound at demand The Hang Seng Index Futures declined this morning but the hourly chart shows some early bullish signal near the demand are. As such, we expect some rebound.
HSI UpdateI said yesterday afternoon that I was bearish on China, look at MFI on this chart. It's basically at support now so I flipped my puts this morning.
At least I found one index where indicators still work, lol. US/Euro markets in a complete melt up.
Hang Seng: Just do it 💪The chinese Index isn't kidding around when it comes to fulfilling those New Year's resolutions and is using all its power to climb all the way North. We're expecting the Hang Seng to rise further into the turquoise target zone to complete the red wave (3). After completion, the course should fall back into a correction in order to finish the red wave (3). In case the Hang Seng can't carry on with its recent upwards pulses, we're expecting it to drop below the support line at 18 917 points. This would indicate the activation of our alternative scenario with a chance of 27%.
HSI futures bull trap by Cosmic GravityThe points outlined in the chart suggest a bearish move and the target is approximated by extrapolating the bottom of the support channel. The stop is placed above the top of the support channel, which acts as the current resistance.
21-25/11/2022 weekly outlook
Bullish bias: Bids above 17770 would target 18213
Break and hold above 18437 targets a traverse towards 18824. Continuation above it would target 19330
Bearish bias: Offers below 17720 would target a test of 17544. Break and hold below it exposes 17277. Continuation below would target 16651
Time for HSI to drop a little bit~When HSI breaks through the 2/1 gann fan line, then it's time for HSI to have a large correction after the previous bullish rally.
HANG SENG - Uninvestable 🤪Following up on the last post, the index continues to rallied after successfully retesting the 20ema. It has buttered through the 50dma and now testing the swing low break of March.
The 'uninvestable" index has clocked up +25% in a space of just over 2 weeks
HangSeng waiting to “boom” = Bright future HongKong. 6/Nov/22Hong Kong’s Hang Seng Index have backed to “square one”?.. As its price slightly below its 25 years level ( 2020 - 1997 ).. BUT chart tell me different stories as I trade what I see “first” then what I think “second”.. where my “thinking” possible have bias and prejudice. You probably see lot of “doom” comments from western media or “westerner educated” Chinese’s “expert “ themselves...
7/11-11/11/2022 Weekly outlookHKEX:HSI1!
As long as 16239 holds, we 🎯16610/17520/18800
If we fail to hold 16239/16096,
"look above and fail" will be in play, 🎯 15701/15421/14858
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*****
I use this platform as a way to organize my thoughts and plan for my personal trading for the sessions to come. Do not misconstrue this newsletter as actionable trading advice. I am simply sharing my thoughts as a market operator through this newsletter, which helps me get my head straight and hold myself accountable for the next day. It is very possible that I am flat wrong in all of my scenarios.
HANG SENGHangSeng stages a major rally today +5.89 % returning to tag the down sloping 20 ema ...
Does it weaken here or do we go test the 50ema ? Will be watching closely over the next few sessions.
31/10-4/11 weekly outlookAs long as we stay below 14975, 13711/12450 would be in play;
If we stay above 14975, target 15539/15706/15866/16239
Will FOMC be the catalyst?
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HKEX:HSI1!
*****
I use this platform as a way to organize my thoughts and plan for my personal trading for the sessions to come. Do not misconstrue this newsletter as actionable trading advice. I am simply sharing my thoughts as a market operator through this newsletter, which helps me get my head straight and hold myself accountable for the next day. It is very possible that I am flat wrong in all of my scenarios.
Hang Seng: Falling for FallThe Hang Seng Index has been going through a constant change of ups and downs. Going into November, we are expecting the index to drop down to ideally 13 715 points and make its way up again. As long as it stays within the green area between 14 451 and 13 119 points, chances are high of the HSI going up to 18 772 by the end of this fall.
26/10/2022 Playbook#marketprofile
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*****
I use this platform as a way to organize my thoughts and plan for my personal trading for the sessions to come. Do not misconstrue this newsletter as actionable trading advice. I am simply sharing my thoughts as a market operator through this newsletter, which helps me get my head straight and hold myself accountable for the next day. It is very possible that I am flat wrong in all of my scenarios.
HSI Long Term ChartOversold on monthly RSI but it's also in no man's land as far as support.
For some reason, I think this can go down even more, maybe until MFI gets oversold?
Probably hits bottom when they invade Taiwan. They're just waiting for Russia to escalate knowing the US can't fight 2 wars.
HSI UpdateIn case you're wondering why everything is red, China tanked last night
Oversold on every time frame, 3 hr, daily, and weekly but I ain;t touching this one.
24-28/10/2022 Weekly outlookJust dropped some thots.
Enjoy!
HKEX:HSI1!
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*****
I use this platform as a way to organize my thoughts and plan for my personal trading for the sessions to come. Do not misconstrue this newsletter as actionable trading advice. I am simply sharing my thoughts as a market operator through this newsletter, which helps me get my head straight and hold myself accountable for the next day. It is very possible that I am flat wrong in all of my scenarios.
Monthly recap & outlookHKEX:HSI1!
Monthly recap & outlook:
Sellers/ bears literally are in control.
Here are my three prediction paths.
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*****
I use this platform as a way to organize my thoughts and plan for my personal trading for the sessions to come. Do not misconstrue this newsletter as actionable trading advice. I am simply sharing my thoughts as a market operator through this newsletter, which helps me get my head straight and hold myself accountable for the next day. It is very possible that I am flat wrong in all of my scenarios.
17-21/10/2022 Weekly OutlookHKEX:HSI1!
Happy trading!
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*****
I use this platform as a way to organize my thoughts and plan for my personal trading for the sessions to come. Do not misconstrue this newsletter as actionable trading advice. I am simply sharing my thoughts as a market operator through this newsletter, which helps me get my head straight and hold myself accountable for the next day. It is very possible that I am flat wrong in all of my scenarios.
My boldest predition on HSIMy boldest predition: Are we going to break this balance area? If yes, based on "balance rules", we may see new low of year 16,000~ish within 1 to 2months
Please feel free to comment!
10-14/10/2022 Weekly OutlookHKEX:HSI1!
Below 17835, looking to target 17140/16608
if/once we reclaim 17835, likely to run into 18039 area.
Once we find acceptance above here, we’re looking to target 18167/18568
#marketprofile #volumeprofile #orderflow #chartanalysis #chartporn
*****
I use this platform as a way to organize my thoughts and plan for my personal trading for the sessions to come. Do not misconstrue this newsletter as actionable trading advice. I am simply sharing my thoughts as a market operator through this newsletter, which helps me get my head straight and hold myself accountable for the next day. It is very possible that I am flat wrong in all of my scenarios.
26-30/9/2022 Weekly OutlookSame question as last week remains unanswered: enough downside for new buyers to get in or do we start value discovery to find balance?
Next week is eventful with a number of Fed officials delivering speech as we as #hsi futures entering rollover period. As we have made new lows at current level, it would be an attractive profit-taking area for sellers and initiating new shorts at these levels may not be a optimal idea. Stay nimble.
#marketprofile #volumeprofile #orderflow #chartanalysis #chartporn
*****
I use this platform as a way to organize my thoughts and plan for my personal trading for the sessions to come. Do not misconstrue this newsletter as actionable trading advice. I am simply sharing my thoughts as a market operator through this newsletter, which helps me get my head straight and hold myself accountable for the next day. It is very possible that I am flat wrong in all of my scenarios.
