Let's sell The HK50Background:
H4 trend is down
D1 trend is down
M30 OB
M15 OB
Waiting for weakness to sell.
HK50 trade ideas
HK50 Index Intraday Technical AnalysisHK50 Intraday Technical Analysis:
HK50 took support from 19240 in Asian session with an intraday closure of 19622 in Asian markets. The Asian index is expected to face resistance from this level . my target is the support of 19440 in intraday. My idea is entry at 19600 resistance level with the target of 19400 and 19200 support levels.
If you like this or if you think the opposite of this or if there is any other opinion, mention it in the comments. I am open to all kind of suggestions and critics
HSI Selloff Looking Overcooked,This index is starting to look extremely oversold here and price looks like it might rocket to the upside.
Going long with a target at 23600 ish
HK50 Index Intraday Technical AnalysisHK50 cash index opened with a gap towards downside. The price is expected to take support at 19500. My idea is that the price will make a false breakout towards downside and then reverse the trend. My target is support of 19500 with the goal of resistance of 19800 for intraday.
If you like this or if you think the opposite of this or if there is any other opinion, mention it in the comments. I am open to all kind of suggestions and critics
HK50 Index Intraday Technical AnalysisHong Kong 50 index continued its downtrend during the hongkong / shanghai session. The HK50 index is trying to find support between 20700 and 20500. My idea is entry at 20500 and 20700 after confirmation of support and my goal will be the resistance of 21000.
If you like this or if you think the opposite of this or if there is any other opinion, mention it in the comments. I am open to all kind of suggestions and critics
#HK50 #HongKongStockExchange #CashIndices
HANG SENG INDEX - global potencial move (language of numbers)Globally gaining a large long position with a 15% stop behind loy
Steve's Gun2Head Trade - Selling HKXHKD Trade Idea: Selling HangSeng (HKXHKD)
Reasoning: Bearish engulfing on hourly chart after stalling at resistance. Forming a potential bearish flag on the 4hr chart
Entry Level: 20831
Take Profit Level: 20031
Stop Loss: 21031
Risk/Reward: 4:1
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HSI TREND FOR 01 MAY TO 05 MAY==========================
====== DISCLAIMER ==========
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This chart and trend analysis is MERELY an OPINION, not the PROFESSIONAL ADVISE
This analysis does not provide any trading suggestion and ask for selling and buying, please be responsible for your own investment behaviour
And we do not be responsible for your own loss
Also, the future might change anytime and everything won't go as what we predicted, so please accept this analysis as an entertainment, don't be serious about fail prediction or wrong concept and prediction. Thank you.
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Analysis Start ( GOOGLE TRANSLATE)
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Greetings, now i would like to share some of my opinion of HSI trending.
I hope everyone has bought on dips for the past four day, and here we go, the trend now meets the first pressure at 20850, only if the trend can stand above this pressure, then the uptrend will keeps going. IF THERE IS NO BAD NEWS, THE TREND WILL CONTINUE.
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At last, all the prediction above IS MERELY AN OPNION, and probably won't go as we predicted, so please jsut accept all this prediction as a entertainment .
Hope all of you may gain more and more profit in Stock market, good luck
HSFI - Reaching Lv-2 of retracementComment :
1) HSFI has come nearly to Lv-2 of retracement at 19642, if it breakdown Lv-2, next destination is Lv-3 at 18615
2) FundFlow+ indicator - Fund flow still going down, no sign of short-term reversal
3) Tricol+ indicator - weak/no banker sentiment bar (RED)
Support & Resistance :
S : 19642+/-
DISCLAIMER:
Analysis above SOLELY for case study purpose, not a PROFESSIONAL ADVISE. This analysis does not provide any trading advise and buy or sell. Trade at your own risk. Trade only after you have acknowledged and accepted the risks involved.
HSI trend Prediction for 22 and 23 APRIL 2022==========================
====== DISCLAIMER ==========
=============================
This chart and trend analysis is MERELY an OPINION, not the PROFESSIONAL ADVISE
This analysis does not provide any trading suggestion and ask for selling and buying, please be responsible for your own investment behaviour
And we do not be responsible for your own loss
Also, the future might change anytime and everything won't go as what we predicted, so please accept this analysis as an entertainment, don't be serious about fail prediction or wrong concept and prediction. Thank you.
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Analysis Start ( GOOGLE TRANSLATE)
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Greetings, now i would like to share some of my opinion of HSI trending.
The trend has appeared oversold signal today, and it break through 20750, which means the trend will go down for a short period until it has searched its bottom.
Therefore, we predict that 22-23 APRIL (Thursday and Friday) will godowntrend again before 20085, or go side retracement trend between 20750 - 20085.
Our advise is: May start to buy on dips if it meets new low everytime, and observe it will rebounce or not before 20085, if not, may be careful
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At last, all the prediction above IS MERELY AN OPNION, and probably won't go as we predicted, so please jsut accept all this prediction as a entertainment .
Hope all of you may gain more and more profit in Stock market, good luck
Wyockoff Distribution on HSIThe HSI looks awfully like the wyockoff distritbution graph. Looks awfully like BTC's last years graph. Just an opinion.
HSI trend prediction for 19 April 2022 (One day only)==========================
====== DISCLAIMER ==========
=============================
This chart and trend analysis is MERELY an OPINION, not the PROFESSIONAL ADVISE
This analysis does not provide any trading suggestion and ask for selling and buying, please be responsible for your own investment behaviour
And we do not be responsible for your own loss
Also, the future might change anytime and everything won't go as what we predicted, so please accept this analysis as an entertainment, don't be serious about fail prediction or wrong concept and prediction. Thank you.
=========================
Analysis Start ( GOOGLE TRANSLATE)
=========================
Greetings, now i would like to share some of my opinion of HSI trending.
Now the trend go in sideway retracement almost One Month, and the next important change date will be at 19 April 2022.
The trend is now between 20750 to 22500, now is waiting for a IMPORTANT NEWS to help change the trend in the future, and we predict it might come up during this weekend.
Our suggestion : May buy on dip when it meets new low everytime, but if the trend break through 20750, the risk of downfall will become bigger and should have to observe whether the trend will refill the gap below 20750 or not.
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At last, all the prediction above IS MERELY AN OPNION, and probably won't go as we predicted, so please jsut accept all this prediction as a entertainment .
Hope all of you may gain more and more profit in Stock market, good luck
This could be the bottom for HSIRead latest news here
A quick look at the RSI indicator shows it has went below the 30 mark and like Aug 2015 period, it did not immediately rally but bottomed 6 months later in Feb 2016 where we witnessed an over 80% rally.
If you wish to take a long position, make sure it is for the long haul as we still have ongoing Covid cases in China (read here ), ongoing negotiations between Ukraine and Russia, forthcoming Fed's interest rates hike ,etc.
So, it could be quite volatile down the road. Tighten the seat belt and enjoy the roller coaster ride !
Hang Seng HK turns downtrend The price is traveling lower than moving average (MA) and the MACD continues negative. The COVID lockdown action yields the negative impact on the China’s economy.
Hang Seng Index God View v2This version of God View includes Technical Indicators
-GANN Fan
-Fibonacci
-Triple Confirmation Buy/Sell Indicator (Market Liberator - Money Flow Oscillator x WolfPack ID)
-RSI
Strong support at 18.4K as per both versions!
Elliott Wave View: Hangseng Index Pullback Should Find SupportShort Term outlook in Hangseng Index suggests pullback to 18235.48 ended super cycle wave (II). This is a 4 year correction which started from January 2018 high. Super cycle wave (III) is currently in progress with internal subdivision as a 5 waves impulse Elliott Wave structure. Up from wave (II) low, wave 1 ended at 19075.75 and dips in wave 2 ended at 18584.04. Index then resumes higher in wave 3 towards 21823.07 and pullback in wave 4 ended at 21096.31. Final leg higher wave 5 ended at 22423.51 which also completed wave (1). Wave (2) pullback is currently in progress to correct cycle from March 15, 2022 low.
Wave (2) pullback should unfold in 3, 7, or 11 swing and while the pullback stays above 18235.48, expect the Index to resume higher again. The 60 minutes chart below shows a possible zigzag corrective internal structure within wave (2). If the Index instead rallies and breaks above wave (1) at 22423.51 without doing further pullback, this may suggest wave (2) has ended at 21202.69. In the alternate scenario, the Index should then continue higher against 21202.69 in wave (3) already.
Short HK IndexRETEST OF THE KEY LEVEL, HAMMER ON THE 15 MIN, great set up for the short. Target the swing pivot low at 18200
Bearish Reversal?HSI been bearish for almost a year. A "Great Miracle" happened yesterday.
Let see if HSI is strong enough to break through Fib line and Resistance Line.
HSI SHORT FIRST / RANGEHSI SHORT FIRST / RANGE FOR SHORT TERM
if back to 20100, can try to call at this level
Lets be honest hereFor the past 20 years, the HSI has consistently bounced off of the top and bottom of these trend lines, and by some coincidence every top marks some worldwide recession while every bottom indicates... well, a bottom. However, recently the HSI has broken through this decades old trend, and while it certainly could bounce, if history is any indication that would mean the S&P is at its bottom too, or at least near it. So, 3 possibilities:
1. The HSI rebounds, bringing global markets with it into the next bull run (not)
2. The HSI somehow rebounds and has no effect on the rest of the world, China magically just disconnects from everywhere else AND has a bull run (China is known for its past isolationism but nowadays their entire economy is based off of selling other countries cheap labor)
3. Chinas economy crumbles just like everywhere else
I mean really, which one of these is most likely? China is undergoing a massive debt crisis, foreign companies are pulling out of China after the covid supply chain debacle, a myriad of internal issues, and in no way is the rest of the world ready for a rebound either. I don't know about the long term, but for the next year or so it isn't looking too good. I can't list all of their problems and short/long term strategies here so do your own research.
Position: long dated puts on FXI because it's easier to trade on mainstream brokerages
CHEERS to the Hang Seng IndexI am not 100% sure if this is the real bottom. I have found using RSI not a reliable indicator as it can falters further after it rises from the low end. So, I would be averaging up slowly......
Flat Bottom in the makingWhen in high price, Flat Bottom is to ensure if it's able to sustain at selling level, or it will surge up again.
