HSI UpdateNot oversold yet, more room down on Monday. The way the govt keeps beating up the market, I would not consider going long. Just wait for the next short opportunityby hungry_hippo1
Hang Seng ready for a big bull run and catch up. The worst of fundamentals are over and fully discounted and act upon; riots, security law, China supposed disregard, enough time of selling by global managers. The truth of "cyclical" better fundamentals; lowest PE ratio, most attractive valuations for a most developed liquid market in Asia, China actually even more so will ensure it's version of one country two systems work. Like latest IPO, no restrictions on HK idea, the further integration with Pearl Delta positive effects will soon solidify, stability will bring prosperity & greater confidence (don't believe the great exodus hot propagated story, businessmen go where the money is, not politics ideology). The technicals are now ready. The daily charts have formed a nice base, and started moving up even in the midst of a few days of bearish moves in US Nasdaq & S&P. The underlyings for the 1st time in a long while points to Hang Seng out-performing. Study and get ready.Longby strategist59soonhock0
HSI OverboughtHmm. Overbought on the RSI into resistance? On the other hand China just cut the reserve requirements. Bearish at the moment but could see more upward movement. by MightAssTouchUpdated 0
HSI DailyDaily RSI went oversold so it got a bounce, but I think there's further downside because their own government keeps crushing various stocks. I don't think Xi gives a rat's ass about the stock market any more, obviously he's trying to squash billionaires. It's supposed to be a communist country, after all. Also, Xi WILL invade Taiwan while Biden is in office. He's made that a goal, and he's 68 so he knows he doesn't have a lot of time left to leave his legacy. If only there was a way to get inside info on WHEN, you'd make a killing with EWT puts. Maybe he does it to celebrate his 70th birthday in a couple of years, no real way to predict.... Anyways, see the highlighted peak, expect a similar whipsaw down.by hungry_hippoUpdated 334
HSI at the edge of the cliff HSI broke 28130 eL, if it can not recover this position at today's trade, then it may very likely sink forward Fib 0.382 @ 27347. Shortby melinjiaUpdated 0
HSI OversoldADRs don't always follow HSI, see PDD. Might buy BILI if it hits oversold tomorrow. Longby MightAssTouch0
HANG SENG INDEX Will Go Down! Sell! Hello,Traders! HSI is trading below a strong horizontal resistance That was established 4 months ago And once the index retested the level We saw a nice bearish reaction Given the renewed lockdowns in some parts of China Together with the 2nd biggest port brought to a halt And the persistent news of the Radioactive leak In the Southern Provinces The sentiment isn't optimistic And the date on sales of cars and smartphones China confirms that All of that combined make a bearish correction very real And the target is near the previous low that stands at -4% Vis a vis the current levels Sell! Like, comment and subscribe to boost your trading! See other ideas below too! Shortby TopTradingSignals117
HSI way overboughtMight hit resistance line though The other interesting thing is taht they're not pumping US futures muchby hungry_hippo335
HSI Hit Oversold yesterdayHSI hit oversold on both my 3 hr and daily charts, I doubt it gets too pumptarded because their government is keeping everything in check, but you figure a one week rally or so. That's why I'm not shorting Chinese ADRs today.by hungry_hippoUpdated 2
HSI OverboughtHSI is still overbought on MFI, I expect it to drop next week. China seems a day or two off from the rest of teh world. Grabbed some PDD puts on this morning rally.Shortby hungry_hippoUpdated 884
HSI1! 2021 June 21 Week (Intraday) 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. by paradox6770
HSI Expecting Bullish Trend Continuation HSI broke above its downtrend line with positive momentum and positive flow. HSI is expected to trade towards 261.8% Fibo level at 27950-28000 level. A break below 26,500 level will falsify the analysis. Longby Brandon_LeuUpdated 4
Buckled up for the Roller-coaster June As always, to read in junction with my previous analysis with link above is advised.by ffazUpdated 112
HSI1! 2021 June 14 Week (Intraday) HSI1! HSI1! 2021 June 14 Week (Intraday) Weekly, Daily = Bullish | H4 = TBC Past 7 days in rotation. rotation range zones trade levels remains. Bar 2 and 3 are weak. Red/Green zone = preferred entryby paradox6770
HSI1! 2020 May 31 Week (Intraday) HSI1! HSI1! 2020 May 31 Week (Intraday) Weekly = TBC | Daily = TBC | H4 = Bullish H1 = price rotation Bar 1 = weakness, no result from effort Bar 2 = Upthrust = weakness Bar 3 = reversal = weakness Red/Green zone = preferred entry Immediate support = 28942 If price continues to peel away from the supply (upper line of the channel, means upward momentum may be weakening / pausing. by paradox6771
HSI1! 17 May 2021 Week (Intraday) HSI1! 17 May 2021 Week (Intraday) Weekly = TBC | Daily = Bearish, H4 and below = Bullish Green zone target was reached last week, and market broke down and reach for the lower green zone. Market is still making lower highs and in a downtrend, so prefer to short on test of the below levels Scenario 1) Market may attempt to close gap 2) Short levels 28753 / 28565 / 28231 Have a good trading week ahead.by paradox6770
HSI1! 10 May 2021 Week (Intraday) HSI1! HSI1! 10 May 2021 Week (Intraday) Weekly | Daily = TBC, H4 and below = Bullish 03 May Week - Rejection scenario played out and green zone price target was reached. After which Bar A dominated the market. The low volume wide spread down bar test of its low at A1 offered good long opportunity; and later climatic bar B as well. Notice how the demand line of a previous channel (grey) acted as a resistance with the highs tracing that line. Will market attempt to return to previous channel? Scenario: If 28663 is accepted, price may attempt 29820. Else we may again see green zone as price target. Have a good trading week ahead.by paradox6770
BUY at the opening of this market high probability for hsi to hit resistance as a target buy the market at the opening Longby Azzedd1ne1
HSI1! 03 May 2021 Week (Intraday) HSI1! HSI1! 03 May 2021 Week Weekly = Bullish, Daily = Pending, H4 and below = Bearish Market was within the 29252 - 28440 range Market currently is oversold as it went below the channel at the moment. Market may attempt to return to the channel Scenario: Acceptance into channel price may try 29200 Rejection: the green zones may be the price target. Have a good trading week ahead.by paradox6770