Looks like HSI got a morning energy boost is not a Weakday!3/3/2025
Hello everyone! Happy Monday today is not a Weakday but a wonderful weekday start of the week 🫰 🫶
News📰 : this was from 28Feb2025
www.tradingview.com
N this is this morning 3Mar2025 - what do you think? I suspect more good news will come this week. 🔎🔮
www.tradingview.com
Look at the HSI D Chart
- posted 25Feb2025
- posted 26Feb2025
- posted 27Feb2025
- posted 28Feb2025
at point of ✍️; the index closed near the key support level of 22900-23000 (the strong level of 23000 which is the 10MA level); as mentioned this level has been retest 3 times, let's continue to monitor.
Trading volume: finance.yahoo.com
Date Volume
Feb 28, 2025 6,578,300,000
Feb 27, 2025 6,257,000,000
Feb 26, 2025 5,138,100,000
Feb 25, 2025 4,449,800,000
Feb 24, 2025 5,264,600,000
Monthly
Mar 1 2025 - 93,960,700,000 (+7.53% from prev month)
Feb 1 2025 - 87,382,400,000
Jan 1 2025 - 52,385,800,000
Dec 1 2024 - 56,349,200,000
Avg past 3 months : 77.909Bn (+19.18% for the past avg vol); this imply the fund flow is abundance, hopefully this continues! Although the vol is slightl less than the last Oct 2024.
Look at the 4H chart
PEPPERSTONE:HK50
The last Oct Hi @ 23241 has been broken, this level could be the resistance level for the Index to stay above for the next level.
Now, what's next?
As updated:-
Next level that we are looking at to break:23330, 23525, 23990, 24101, 24385.
🚨 as of ✍️ :it seems it stay above the key support level of 22990.
🗝️ support level : 23500 (broken) , 23175 (broken), 22990 (testing), 22741
MACD - last marked WAS deadcross and curving down as marked in YELLOW. After 8 bars-it reversed as marked in GREEN. and NOW it formed Deadcross again (as marked in YELLOW)
KDJ - Remained in bearish red zone with chance that it could reverse upwards.
BB - Still within lower BB channel and testing to break the BB mid-line for 4H chart at 23330.
Today Trade Plan: 22785-23504
Buy into support : 22900 ,23,005, 23169,23283 (confirm with the indicator if it's on the bullish zone)
Sell at resistance : 23400, 23353, 23335 (short/TP with shorter timeframe bearish zone, cross-check and wait for confirmation.)
Monitor the 1H,4H movement with confirmation using MACD & KDJ indicator.
Set your tf, have your entry and exit plan!
Pay attention to the Goldencross/DeadCross; practice makes perfect.
Let's follow our own strategy and zen with 📙 and 🍵.
Happy Trading everyone!
🎯 Start to accumulate China & HKG for the potential upside for the year! All retracement is a good entry point.
🔎 DYODD and don't listen to anyone. Invest in yourself, do some study and learn along the way while you trying to verify or finding the answer if to start invest in CHN/HKG markets.
HKEX:2800 - 22.90-22.82 if it happens to retrace back to this level, otherwise anytime NOW is entry point! It's confirmed by the 200MA (above in W chart) ; also the W chart MACD GoldenCross. Cross-check it; if need helps let us know.
HKEX:2823 - 13.17-14.75 can start to open position and start accumulate, is allowed to wait for confirmation once it breaks 14.75 level. But you will be getting at higher cost...
HKEX:2801 - open position at price : 23.73-23.80 or anytime NOW! if ever retraced back to 23.36-23.66 accumulate more.
HKEX:3067 - open position now, add position when it retraced to 11.63,,11.33 or below. If you have missed, you may tk position still good to start at 11.85,11.99,12.15
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