HK33 Prediction moveHK33 has a strong pull up today and all the way hit the resistance. And there is a pull back from that resistance. Expecting to touch the closet support Shortby hei10160
Hang Seng Tries to Hold Key Support Amidst Mixed Chinese DataThe relief rally of the past four-months fades as HKG33 concluded a four-week losing streak, leading to a challenge of pivotal support levels. The Hong Kong index tests the 38.2% Fibonacci of this year’s low/high advance, creating risk for a deeper correction towards the 61.8% level. China’s post pandemic recovery is bumpy, underscored by distressed property sector, subdued factory activity and weak domestic demand, with CPI hovering around zero for the past year. Today’s data showed a deceleration in industrial production to 5.6% y/y and another drop in house prices. Retail sales grew 3.7% y/y though, offering reasons for optimism. Furthermore, China’s real estate market may be in poor shape, but Beijing has found new growth pillars in electric vehicles, car batteries and solar cells. Adding to hopes for better days ahead, both the IMF and the World Bank recently upgraded their China GDP forecasts. HKG33 finds reprieve today and tries to hold the pivotal 38.2% Fibonacci and the 200 Days EMA (blue line. Successful effort will give it the opportunity to retake 18,736 and the chance to push for higher highs (19,794), but the latter has a higher degree of difficulty. Stratos Markets Limited (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 68% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Europe Ltd (trading as “FXCM” or “FXCM EU”), previously FXCM EU Ltd (www.fxcm.com): CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 73% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money. Stratos Trading Pty. Limited (www.fxcm.com): Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763). Please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com Stratos Global LLC (www.fxcm.com): Losses can exceed deposits. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this video are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed via FXCM`s website: Stratos Markets Limited clients please see: www.fxcm.com Stratos Europe Ltd clients please see: www.fxcm.com Stratos Trading Pty. Limited clients please see: www.fxcm.com Stratos Global LLC clients please see: www.fxcm.com Past Performance is not an indicator of future results. Hby FXCM1
Fundamental Analysis: Strengthening the Case for a Long Position Beyond technical signals, several fundamental factors support the case for going long on the Hang Seng Index: Economic Resilience: Despite global economic uncertainties, Hong Kong has demonstrated resilience. The reopening of China's economy and the easing of COVID-19 restrictions are likely to boost business activities and investor confidence. Corporate Earnings: Companies listed on the Hang Seng Index have shown robust earnings growth, driven by strong performances in sectors such as technology, finance, and consumer goods. Positive earnings reports can bolster market sentiment. Government Policies: Proactive fiscal and monetary policies by the Hong Kong government and the People's Bank of China (PBoC) aim to stimulate economic growth. These measures include infrastructure investments, tax incentives, and monetary easing. Global Market Trends: The global shift towards risk-on assets, supported by accommodative monetary policies in major economies, creates a favorable backdrop for equity markets. As investors seek higher returns, the HSI stands out as an attractive option. Strategic Considerations for Investors Investors looking to capitalize on the potential breakout of the Hang Seng Index should consider the following strategies: Entry Points: Identify optimal entry points by closely monitoring the trend line. A decisive break above the resistance level, confirmed by volume and momentum indicators, can serve as a signal to initiate long positions. Risk Management: Implementing stop-loss orders and position sizing is crucial to managing risk. This protects against adverse movements and ensures that losses are contained. Diversification: While the HSI offers attractive opportunities, maintaining a diversified portfolio can mitigate risks associated with market volatility. Consider exposure to different sectors and regions to balance potential rewards and risks. Continuous Monitoring: The market environment is dynamic, requiring continuous monitoring of economic indicators, corporate earnings, and geopolitical developments. Staying informed enables timely decision-making and adjustments to investment strategies. The Hong Kong Hang Seng Index presents a compelling opportunity for investors willing to go long, particularly with the potential breakout of the short-term downward trend line on the horizon. By combining technical analysis with a solid understanding of fundamental factors, investors can strategically position themselves to benefit from the anticipated upward movement. As always, prudent risk management and continuous market monitoring are essential to navigating the complexities of the financial markets successfully.by luislin88111
Hang Seng _ Wedge Pattern forming, Target 1_(20694), T2_(29000)Long Term Analysis : "Wedge Pattern" forming in "Hang Seng" and down trendline is "Breakout". So market move to Bullish Trend, wait for if Retest or Trend Continuation. And the 1st Target is 0.5 Fibonacci Retracement price (20694), 2nd Target is Wedge Pattern Top is 29000. After Reach the Wedge Pattern Top (29000) expect Breakout the Pattern. I want to help people to Make Profit all over the "World".Longby SasikumarMani3
Probing China recovery narrative (May 5)Fundamentals & Sentiment China: - Good PMI readings - Overall recovery narrative USD: - Bearish sentiment due to latest weak data(Mfg PMI, Labor) Technical & Other Setup: TR(B) Setup timeframe: 4h Trigger: 1h Medium term: Down Long-term: Up Min target: local highs Risk: 1.09% Longby Cherry94Updated 0
Is there a need to panic for HSI?I get several questions regarding HSI , 2800 tracker fund ETF, etc and it seems some are panicking why the market is down for the last week or so. Firstly, the bearish trend has ended (hopefully) and we are up almost 33% from the low until the recent pull back of 8% which is quite normal for any stock market. Already, we know that the CCP has ushered many initiatives to prop up the stock market and the property market, though some analysts feel it is not enough. It takes time for these measures to see its effects so if you believe that this bull run is here to stay, then this drop of 8% presents a buying opportunity. If not, if you are one of the naysayers who feel that China/HK is uninvestable with its never ending bad news, please choose other markets that fits your investment horizon, risk appetite, etc. It is possible for the price action to return back to the bearish trend line though I think it is not probable as that would defeat all the hard work the government has done thus far. From relaxing its visa regulations to many countries to lowering the mortgage tax from 20% to 15%, limiting short selling and many others, we can see that the CCP means business this time. Maybe their speed is not to the liking of what we want - a bazooka of sort. My feel is the property sector will consolidate for a few years before we see a possible uptick as there are enormous surplus units that need to be settled. The property market remains sluggish and that is why I am not going in to pick up property investment stocks yet. Yes, cheap valuation can remains cheap for a long time but we had already witnessed the rise of many tech stocks rallying in the past 6 months - JD.com, Tencent, Meituan, Xiaomi, etc. They will be the forerunners followed by the consumer cyclicals later on . Rising tide will lift all boats but not at the same level, imo. I am vested so please DYODDLongby dchua1969Updated 5
HK50 HongKong 50 Bearish Robbery plan To Make moneyMy Dear Robbers / Traders, This is our master plan to Heist HK50 based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart. Our target is Green Zone that is High risk Dangerous level Police Force is waiting for our arrival, Market is oversold / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money Use Trailing Stop To Protect Looted Money and wait for next breakout of dynamic level / Order Block, Once it is cleared we can continue our heist plan to next new target it will update after the Breakouts. support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday.Shortby Thief_TraderUpdated 1
HK50 bullish ideaIf you do trade this index, I'm gonna share this idea with you. Currently, price dropped to the POI zone and bounced back by a resistance 18427 (lets say). Now, I'm looking for a retracement to 18480 area. If price reaches to that point personally I would enter. SL :18422 TP1: 18760 TP2: 19400 please trade by your own risk. Longby Badi_GunnarsUpdated 2
HK50 Future Market Outlook: A Good Entry Point with a 2:1 Risk-RThe Hang Seng Index (HK50) is currently showing signs of a potential upward trend, making it an attractive option for investors. Here are the key reasons why now could be a good time to enter the market, especially with a risk-reward ratio of 2:1. Technical Support and Resistance Levels Strong Support at the Bottom: The HK50 has recently demonstrated strong support at its current bottom levels. This indicates that the market has found a floor and is less likely to fall further in the near term. Previous High Breakout: The index has previously broken above significant resistance levels, indicating strong buying pressure and the potential for continued upward momentum. This historical breakout suggests that the market has the strength to overcome resistance and move higher. Risk-Reward Ratio 2:1 Risk-Reward Ratio: Entering the market at this stage with a 2:1 risk-reward ratio is a prudent strategy. This means that for every unit of risk, there is a potential to gain two units of reward. Such a ratio is favorable for investors, as it limits potential losses while maximizing potential gains. Controlled Risk: By setting a stop-loss order at the recent support level, investors can manage their risk effectively. If the market were to decline, the loss would be limited to the predetermined stop-loss point. On the other hand, if the market continues to rise, the potential gains would be twice the risk, offering an attractive return on investment. Market Sentiment and Indicators HLongby Day_Trading_Attack_Penguins1
HSI poised to Retest the Breakout level and RallyHang Seng Index is pulling back to breakout level in the next few weeks, followed by rally.Longby mksamuel3170
HK33 Buys @ 1858Buying at demand. HK33 has pulled back on the higher timeframes, looking for some demand to come into the market in London session.Longby BarbushCapital0
China Recovery Narrative (May 10)Fundamentals & Sentiment China: - General recovery narrative backed by improving data (PMIs) for the last couple of months - Latest bigger than the previous Balance of Trade USD: - Bearish sentiment Technical & Other Setup: TC(B) Setup timeframe: 4h Trigger: 4h Medium-term: Uptrend Long-term: Uptrend Min target: 20000 Risk: 1.2% Entry: Buy stop Longby Cherry94Updated 1
Buying HK33HKD Oanda On An Up TrendRising demand for HK33HKD over several days on the Daily Time Frame based on the 6EMA. I bought HK33HKD on both my FTMO 10K Challenge Phase One and on my Oanda Main Account. Discount offered by seller at 6EMA on 4H Time Frame. Initial SL set is wide, because I want to give myself more time if I am losing, to decide if I want to exit for a small loss or win instead of having it as a full blown 1R loss. By setting my SL wide initially, my risk per pip becomes significantly smaller. Besides, I am risking about 10% per trade(based on my previous account size). If all is well, I will start trading 50$ SGD per trade next month. All is well = My account size reach 1k SGD(currently sitting on 906$ SGD) and that it is a new month. 0950SGT 20052024 Feeling groggy. Add : Now, instead of analysing the Daily Time Frame, first. I analysis the entry time frame first. Why? Because over the years I realised that i missed out on alot of opportunities that are better than the ones I am waiting for, because I analyse my watch list selections on the Daily Time Frame first. By doing a top down analysis, I miss out on strong trends that are not visible on the Daily Time Frame, because price could be in a range on the Daily, but it has yet to reach the Daily's Major S&R levels. And so, the trend on the entry time frame is tradable, but I missed it because I have already eliminated it during my selection phase. TLDR So, I am doing a bottoms up analysis from now on because I am missing out on trending opportunities on the lower time frame that is not visible on the higher time frame. 0954SGT 20052024Longby ProfessionalDuckHunterUpdated 0
Relooking at HSI long term market trend35 years is a long time, twice of it makes a person already in their senior years. Most likely, in their 80-90s (if they still stick around) since most of us do not start investing at age 1. I was 18 years old had I invested in the stock market, especially HSI. Looking at the chart and the two recent fall out from the bullish trend (on hindsight) , I will still be up 948% had I hold so long , 35 years later ......... Of course, had I been exposed to the US market and equally started investing in 1987, my returns would be 1828% , near double of the HSI returns. WOW. WOW. WOW Let's not go into the individual stock pick where returns can be in the 5-6 figures like Apple (117056%), 3884% (Macdonald),500% (XAUUSD), 3047% (PG), etc So you see, investing is not rocket science and you need not spend endless nights analysing stocks and market leaders like some of these companies I mentioned cannot even beat the SPX index, with few exceptions. In short, I would still invest in both of these two indices, one with solid track record (SPX) and another sorely undervalued and with most negative news out of the way and China shoring up on stimulus programs to prop up the stock markets, it is a matter of time we start to see the index returning to its glorious days again. Ride the trend while it last........Longby dchua1969111
Shorted HK50Looking for HK50 to retrace down to 618 level, overbought in display Shortby sydinvestor0
Hong Kong shines in search of highsThe Asian indices got off to a strong start today. The Hang Seng Index (Ticker AT: HKIND) has broken out of the long-running downtrend channel in the direction of 9-month old price zones. Stocks returned to 15-month highs today as the Fed cut numbers may help or halt the market's evolution. Today we have as we said releases from the Vice Chairman and the President and CEO of the Cleveland (Ohio) Fed Philip N. Jefferson and the Loretta J. Mester. Beijing has reported a welcome cut in Chinese inflation, helping to undo concerns of prolonged deflation in the markets. The retail and industrial sales forecast put an end to that on Friday. The Chinese government has been able to sell 1 trillion yuan (128.045 billion euros) to maintain its domestic economic stimulus measures. Blue chips felt it the most with 0.1% growth. Even the Asia-Pacific market of the MSCI index grew by 0.1% unlike the Japanese Nikkei which fell by 0.3% due to the interest rate hike implemented by the Bank of Japan. Looking at the chart, the channel bounced off its January lows and has been building in a slightly bullish sideways movement. On April 18th the figure marked a strong move to the upside which coincides with the FED releases and the expectations that were held, turning the market upside down. Currently the market has touched the 19280 point zone and is looking to pierce the resistance zone indicated in green at 19437.89 points. If this zone is overcome, nothing will prevent the Chinese market to shine again at highs. Ion Jauregui - AT Analyst ******************************************************************************************* The information provided does not constitute investment research. The material has not been prepared in accordance with the legal requirements designed to promote the independence of investment research and such should be considered a marketing communication. All information has been prepared by ActivTrades ("AT"). The information does not contain a record of AT's prices, or an offer of or solicitation for a transaction in any financial instrument. No representation or warranty is given as to the accuracy or completeness of this information. Any material provided does not have regard to the specific investment objective and financial situation of any person who may receive it. Past performance is not reliable indicator of future performance. AT provides an execution-only service. Consequently, any person acing on the information provided does so at their own risk. HLongby ActivTrades2
Surging of the first Uptrend ResistanceBased on the Daily chart, HSI has surged alot since end of April 2024, now we are going to check when is the next resistance, or further resistance. Based on Fib i drew, until today, it hit R1, which was the support during Aug 2023. Breaking R1, next resistance will be around 20240, this is a major resistance as it was the peak during Aug 2023, Jun 2023, May 2023. Seeing the RSI is 69.xx today, so expecting if reaching R2 will be exceeding 70, based on previous history, it will U turn and heading down. HSI is still uptrending, when it retraces, and able to perform 2nd uptrend, this is the time when the bull starts. So, just my 2 cents. Happy charting.Longby leonggw0
China Recovery BetFundamentals & Sentiment HK50: - China recovery, based on PMI and GDP QoQ - The latest China Trade Balance printed decently above the previous one (although below consensus) USD: Yesterday's cooling US labor market, based on Initial Jobless Claims increase Technical & Other *Chose HK50 instead of ChinaA50 because of smoother price action; eventually HK turned out to be stronger because of the dividend tax cuts for individuals who bought HK shares. China A50 seems to be more vulnerable to geopolitics, like China tariffs in the US. Technical & Other Setup: TC(B) Setup timeframe: 4h Trigger: 1h Medium-term: Up Long-term: Uptrend Target: June-August highs Risk: 1.2% Entry: Buy StopLongby Cherry940
The Hang Seng Index Has Risen by Over 13% in 2 WeeksThe Hang Seng Index Has Risen by Over 13% in 2 Weeks Analyzing the Hang Seng (Hong Kong 50 at FXOpen) chart, we wrote on January 30th that the price was near an important support level formed by the lower boundary (shown in orange) of a long-term channel, which has been relevant since 1995. According to Reuters, Goldman Sachs representatives noted in a client note that hedge funds were actively buying Chinese stocks – the period from January 23 to 25 saw the largest capital inflow in 5 years. As of the beginning of May, price action suggests that hedge fund purchases are justifiable – with the Hang Seng 50 (Hong Kong 50 at FXOpen) index rising by over 13% in the past two weeks. This was partly driven by: Economic stimulus from Beijing. The Hong Kong Monetary Authority's (HKMA) decision to keep the base rate unchanged at 5.75%. As reported by the South China Morning Post, HKMA's decisions correlate with the Federal Reserve's policy since 1983, reflecting the local currency's peg to the US dollar. Technical analysis of the Hang Seng (Hong Kong 50 at FXOpen) weekly chart shows signs of bullish strength: The HSI price (Hong Kong 50 at FXOpen) remains within the orange long-term channel. After fluctuations in January 2024 around the psychological level of 16,000 points, the price stabilized above this level. In mid-April, bears attempted to breach the psychological level of 16,000 points but failed. The last two closed candles on the chart were bullish, with wide bodies closing near the highs – indicating demand dominance. If bulls maintain control, the HSI price (Hong Kong 50 at FXOpen) could break above the upper boundary of the descending channel (shown in red) and open up prospects for a significant rally. Trade global index CFDs with zero commission and tight spreads. Open your FXOpen account now or learn more about trading index CFDs with FXOpen. CFDs are complex instruments and come with a high risk of losing your money. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.by FXOpen117
The Hang Seng Index Has Risen by Over 13% in 2 WeeksThe Hang Seng Index Has Risen by Over 13% in 2 Weeks Analyzing the Hang Seng (Hong Kong 50 at FXOpen) chart, we wrote on January 30th that the price was near an important support level formed by the lower boundary (shown in orange) of a long-term channel, which has been relevant since 1995. According to Reuters, Goldman Sachs representatives noted in a client note that hedge funds were actively buying Chinese stocks – the period from January 23 to 25 saw the largest capital inflow in 5 years. As of the beginning of May, price action suggests that hedge fund purchases are justifiable – with the Hang Seng 50 (Hong Kong 50 at FXOpen) index rising by over 13% in the past two weeks. This was partly driven by: Economic stimulus from Beijing. The Hong Kong Monetary Authority's (HKMA) decision to keep the base rate unchanged at 5.75%. As reported by the South China Morning Post, HKMA's decisions correlate with the Federal Reserve's policy since 1983, reflecting the local currency's peg to the US dollar. Technical analysis of the Hang Seng (Hong Kong 50 at FXOpen) weekly chart shows signs of bullish strength: The HSI price (Hong Kong 50 at FXOpen) remains within the orange long-term channel. After fluctuations in January 2024 around the psychological level of 16,000 points, the price stabilized above this level. In mid-April, bears attempted to breach the psychological level of 16,000 points but failed. The last two closed candles on the chart were bullish, with wide bodies closing near the highs – indicating demand dominance. If bulls maintain control, the HSI price (Hong Kong 50 at FXOpen) could break above the upper boundary of the descending channel (shown in red) and open up prospects for a significant rally. Trade global index CFDs with zero commission and tight spreads. Open your FXOpen account now or learn more about trading index CFDs with FXOpen. CFDs are complex instruments and come with a high risk of losing your money. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.by FXOpen116
Hong Kong Market has bottomed in Jan 2024Based on the above daily chart, I am making a bold prediction that the HSI has bottomed in Jan 2024. We can see clearly the breakout from the daily chart. What's important is the support level at 16,194, a critical support level that must be maintained ! I will be slowly accumulating this index . Also, watching banks stocks and some tech stocks as well. Please DYODD. Longby dchua1969Updated 226
ICT Long setup HK50, scalpingOur AI system detected that there is an ICT short setup in HK50 for scalping, Please refer to the details Stop loss, Supply Zone(Sell Zone), TP 1 and TP2 for take profit. For more ideas, you are welcome to visit our profile in tradingview. Have a good day! Please give this post a like if you like this kind of simple idea, your feedback will bring our signal to next better level, thanks for support!Longby ICT_Trader_SB2
HK50According to the waves analysis we can expect that price rise again to the green zone.Shortby jalalnf2