MHI1! trade ideas
HSI Falls More Than 3% On The First Trading Day Of 2019HSI fell on the first trading day of 2019 as evidence of slowing Chinese growth weighed on investors already reeling from the worst year for global equities since the financial crisis. HSI futures touched 25000 support after releasing of the weaker than expected China Manufacturing data; the Caixin/Markit Manufacturing Purchasing Managers' Index (PMI) for December fell to 49.7, from 50.2 in November, and followed a raft of soft trade data from the Asian region.
The steepest declines were in Hong Kong and China, while shares also fell in Australia and South Korea. S&P 500 Index futures trimmed an advance spurred by signs U.S. President Donald Trump may be more willing to make a deal to end a government shut down. The third wave might extend at the first quarter of 2019 and HSI is likely to retest last year pivot low at around 24500 if support at 25000 fails. I will keep short positions unless price can break 26200 resistance.
Short Cover On The Last Day Of 2018...HSI gapped up this morning and broke hourly trendline resistance as the market got some relief on the last day of 2018 after U.S. President Donald Trump reported “big progress” in trade talks with his Chinese counterpart. Short cover if price breaks 26000...
Trading 1 Minute Chart with VSAAnother quick update and trading opportunities to trade in HSI.
Send us your preference stock to review based on TradeVSA chart by comment at below.
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
HSI Futures Failed To Rebound HigherThe trend is still bearish with no sign of moving higher. Keep small short positions and sell on every rebound, stop loss if price close at above 26000.
Trading HSI in 1 Minute Using Volume Spread AnalysisHSI just break below the support with high volume Sell-Off signal.
Send us your preference stock to review based on TradeVSA chart by comment at below.
Disclaimer
This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
S-T Strategy For HSI Futures: Sell On ReboundThe pivot low support near 24500 was pretty strong and HSI futures failed to challenge 27500 after the G20 meeting. Obviously, HSI didn't follow US stocks sharp correction much for the last few weeks. It would be interesting to see how market reacts after the long Holidays... Still expect HSI to hit 23500 level or below. Let's see...
Hong Kong HSI will test upward trend line2018.12.06 Hong Kong HSI will test upward trend line, if HSI cross below upward trend line, will have more chance to go lower.
Bear Wave B FinishAs my chart
Wave B start from 30-10-2018, Finish at 03-12-2018
If Wave C = Wave A , Hsi will be 18000 .
Hong Kong HSI is in triangle convergenceHSI is in triangle convergence, be ware if cross below upward trend line. If cross, might have chance to go lower.
bear B or wave (1)?
Is something look like 5wave to push that
but i am not petty sure about that
last charting here
Hang Seng Index: Positive to 28017 on a break above 26770Hang Seng Futures HSI1!
Next Long Set-Up
This index made a neat exit of the upper parallel - followed by a pip perfect retest of the same line before reversing higher again to test the first line of resistance at 26764, failing just below here after an intraday high at 26694 on futures.
The 26770 level is looking increasingly significant. A break above here should be worth following for close to 5% upside to 28017.
This index really needs a stop of about 100 points - 3 times more than the Dow although they are both the same price pretty much.
It's just the way it is.
So a break above 26770 will need a stop 100 points lower at least, and really it should be under the 26588 level, which is over 180 points of risk against 1200 points of reward.
The range between 26764 and 26588 is creating whipsaw - it's effectively a small band of uncertainty which may crreate a little more whipsaw around the open. But once it's shown it can overcome 26770 it should be worth following long - but be careful with the stop if trading this one.
Hong Kong HSI in Triangular convergence positionHong Kong HSI in triangular convergence position. If HSI price pass above Horizontal line, may go higher. If pass below upward trend line, may go lower. Will know the result in coming days.
Hong Kong HSI may go higher after pass Horizontal lineHong Kong HSI may go higher after pass Horizontal line
HANG SENG FUTURES HSI1! Trading SetupShort term trading setup for a short position.
Confirm support / resistance level
Rising wedge pattern
Volume decline and RSI bearish reversal divergence.
Setup the trading EP/ SL considering a case of when it does not break out the support level and bounce back up.
Look at the range of each EP, TP and SL.
EP - green
SL - red
TP - skyblue.
HSI shortdivengence formed
none fundamental factors support any more bounce
Democratic is gonna take control of the House.
only sl 26600
Hang Seng - The Rebound found resistanceHang Seng rebound strongly with fresh measure announced to ease funding for private companies.
The strong rebound brought price to 26222 level. On the left chart, price reached one third of previous downswing (important fibonacci retracement level), also hovering around previous downward channel line. On the right 60 mins chart, yesterday rebound reached 5 golden ratio multiples and quickly retraced. Both charts in different time frame were suggesting the rebound hitting major resistance. And Hang Seng have not prove to be trend reversal, market remain bearish.
The current price projection from 26222 level as follow:
25917 short tern support for selling
If price trade below 25917, next target at 25729.
If price trade below 25729, next target at 25424
