Flat Top in the makingFor day trade, this is a good pattern to look for.
Flat top, so watch out, high chances it will surge up.
HK50 trade ideas
Either a major depression coming or massive buying opportunity3M RSI at all time lows right now right at support. Looks very similar to the DJI in its infancy. Likely a major runup during the next bull cycle followed by potential depression that several prominent economists are forecasting around 2030.
HSI Trend Prediction of 21 Mar 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.
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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.
Last week, we have met the most horrible way to wash out investors chips in HSI stock market, then met the most powerful rebounce in two day. Therefore, most of the people will think about that, DOES THE REBOUNCE WILL CONTINUE NEXT WEEK?
We will analysis this question by predicting ONE DAY ONLY trend at 21 Mar 2022.
Since the NIGHT FUTURES closed at 22110, then it means that next Monday will be a gap up open trend. Then we should mark out TWO PRESSURES and TWO SUPPORT area in the chart.
Our prediction as below :
1. IF THE TREND CAN REBOUNCE WHEN IT TOUCHED THE FIRST SUPPORTIVE LINE ONCE AND NEVER TOUCH IT AGAIN, THEN THE REBOUNCE MIGHT BE CONTINUE FOR A SHORT PERIOD.
2. iF THE TREND BREAK THROUGH FIRST SUPPORTIVE LINE AND REBOUNCE WHEN IT TOUCHED SECOND SUPPORTIVE LINE, THEN THE REBOUNCE MIGHT GO WEAK AND PROBABLY END THE REBOUNCE TREND AT TUESDAY
3. IF THE TREND FLIP DOWN WHEN IT TOUCH THE FIRST PRESSURE LINE AND CANT BREAK THROUGH AGAIN OR CANT GO HIGH AGAIN AFTER BREAK THROUGH, THEN THE TREND WILL BE END ON MONDAY
4. IF THE TREND FLIP DOWN AFTER IT BREAK THROUGH FIRST PRESSURE LINE AND FLIP DOWN WHEN IT TOUCHED SECOND PRESSURE, THEN THE KEY POINT WILL BE THE TREND CAN MAINTAIN ABOVE THE FIRST PRESSURE LINE OR NOT? IF CAN, THEN MIGHT HAS ONE MORE DAY UP TREND AGAIN. IF NOT, THEN THEN TREND WILL END.
5. IF THE TREND REBOUNCE AND FLIP DOWN BETWEEN FIRST SUPPORTIVE AND FIRST PRESSURE AREA AND CANT HAS A EFFECTIVENESS BREAK THROUGH IN ONEDAY, DEPEND ON THE TRADE VOLUME, IT MIGHT BE DEALER TRY TO WASH OUT THE UNSTABLE CHIPS, AND SEARCH A GOOD CHANCE TO CREATE NEW HIGH AGAIN.
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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
HK33HKD buya strong green canddle with a very desent wick after a strong dive shows an end of the downtrend a possible start of an uptrend .
2022-03-16 HIS The current bearish trend continues, and Chinese concept stocks are collectively falling. Internet layoffs. It is not too late to wait for the Hang Seng Index to stabilize. Pay attention to the potential entry level of harmonics at 13218. Then go to the bottom of stocks
HSI Index - Worse than the 2008 financial crisis?The Chinese stock market crash may be worse than the 2008 crisis!
Fundamenta Aspect
Everyone is concerned about the decline in the value of Chinese companies' stock and the resulting decrease in demand for commodities!
Today, selling pressure on Chinese stocks grew. China's major stock index fell to its lowest level since 2008 due to concerns about its relations with Russia and tighter regulators pressure.
The Hong Kong Index of Chinese Companies, a measure of Hong Kong stock prices for Chinese firms, declined by 6.6%. Likewise, the stock prices of Chinese companies dropped sharply the day before yesterday, since July 2015, this has been the largest fall.
Economic sanctions against China are a concern for the market due to China's ties to Russia. Concerns have also been raised about the quarantine of Chinese cities. Analysts are concerned that this time around's financial market catastrophe could be even worse than the one that occurred in 2008.
Hang Seng index HSI could finish its correction at this RSI level (in general case)
and then back to its channel ...
.
but not in the recession case..
HANG SENG INDEXSo basically , Hong Kong index came to its 2012 May support level , Monthly RSI is under 30 and you are still afraid to buy tech stocks because it might go lower ?? Alright then, good luck to you :) Not a financial advice.
HK33HKD historical level patternsHK stock market plunged and the HKTECH had dropped more than 10% today.
Let's look at the bigger time frame, and we see this huge harmonic patterns combinations.
It broke the B point of the historical bat since 2003, implying a potential entry near 10,888.
That's kinda terrible as there are still lots of rooms.
Long story short, there is no point to buy the dip at the current panic,
even if you are thinking of buying when others are fear, to wait at least the 0.618 spot.
Let's see how it goes yo!
HSI trend prediction for 14 March to 18 March 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.
=========================
Analysis Start ( GOOGLE TRANSLATE)
=========================
Greetings, now i would like to share some of my opinion of HSI trending.
Apparently, we may find that the trend is now going sideway retracement, and waiting for a chance to change the trend.
We all know the war and the increase rate of USA are all going together in this short period, it may influence the stock market in short period, BUT NOT IN LONG PERIOD.
I believe everyone have read enough news, so i will not repeat the content again. For HSI trend, we expect it might go in a sideway box between 21330 to 20000, may possibily break through 20000 and go to 19800 too. AS LONG AS THE TREND DID NOT BREAK THROUGH THE FINAL SUPPORTVE LINE OF 19800, THE SIDEWAY TREND WILL NOT BE CHANGED IN SHORT PERIOD UNTIL SOME GOOD NEWS IS COMING UP. THEREFORE, IT COULD BE SAID AS THE BEST CHANCE TO BUY ON DIP WHEN MEETS EVERY NEW LOW IN SHORT PERIOD.
IF THE TREND SEARCHING BOTTOM MODE IS OVER, WE WILL ADVISE TO YOU ALL ASAP. BUT IN SHORT PERIOD, IT WONT CHANGE.
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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
value is on chinese indexthe weekly channel has be playng very consistently, on montly frame hangseng had a huge break down but no retest yet, i preffer to pick up a weak index than a overvalued snp or nasdaq
The important prediction for the HSI trend 09 March 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.
=========================
Analysis Start ( GOOGLE TRANSLATE)
=========================
Today we have observed a important signal of HSI, therefore we would like to share with you all faster.
Now the HSI trend has gone to 20102 this afternoon, and then it started to rebounce until 20600 above. The trade volume is increased this three day, But the decline began to shrink, and the trend is becoming a FAKE TRHEE CROW OF BLACK CANDLE.
What is this mean? It means THIS IS PROBABLY A BEST CHANCE TO BUY ON DIP.
If you check the Moving Average of HSI Month Period, you will find that the trend has touched the 250 MA. If the trend can close above 250 MA (20615), today will PROBABLY to be the last day of the bottom searching of HSI. Unless there is another war happen or new virus be found in future. I hope this trend analysis prediction may give you some clue to make decision
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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
HSI Weekly - Potential Technical Rebound? Since Feb 2016, there has only been 6 other instances where RSI (weekly charts) have been below 30.
5 out of the 6 instances saw a rebound at least into the next 4 bars (1 month).
Long term basis, HSI is below upward trend with decent valuations.
Sentiments remain bearish due to Ukraine war, proxy to China market (regulatory pressures) and sharp uptick of Covid cases. Barring any other further bad news, any improvements in sentiment may provide sharp rebound in the coming days.
However, low can get lower. Support levels at 19800 (or 20000 psychological number) and 18200.
** Not financial advice nor inducement to trade **
China Hang Seng Index - Bleeding closer to stop at 22200 - 225002021 has been insanely a difficult year of US investors invested in Chinese stocks due to the uncertainty revolving around the Tech crackdown, stock delisting, etc.. While the US and India market have been on hyper bull run, Chinese stock holders have lost more than 50-90% of their investment. Example, BABA is more than 60% down, education stocks GOTU & TAL are 95% down. Lot folks are nervous, holding bags with deep losses, staring at uncertainty. I have some good news for them, the bleeding is going to stop in next 2-4 months. I have gone all the way back to 1999 chart, looking at the major crashes. There's a strong support trend line that connects all these bottoms, the next one is pretty close. HSI should bottom out around 22200-22500 and then pick up for another massive bull run. Money will flow out of US markets to China, as the Fed tightens the policy and start raising interest rates. Chinese stocks are dead cheap now, and might drop a littler further, but long investors can start accumulating the good quality companies like BABA, BIDU, JD, etc.. Risk vs Reward ratio is very high.
CMP - 23618 , short term target 22500 - 22200 , long term target breach ATH in 2-3 years.
Long Hong Kong Digging into chinese fundamentals are tough to guage. However, sectoral and macro shifts can play out in 2022 for a while where long HSI will be a good play as a hedge as it does over 30% from ATH.
Now, since it's a game of MAcro Tsunami, so the impact and moves will be vicious in the market along with some geo-political tension that is brewing between China and Taiwan.
There looks a mild certainty that we could see China attempting to invade Taiwan and this can bring ripple effects into other sectors and markets across the world when we will be witnessing a waterfall in every single market across the world. However, before that, I am expecting HSI to move higher on a hedged basis and head down as a collateral partner with respect to SHCOMP and CN50 due to future potential instability that may come.
HangSeng Index likely to slide to 22,000 & possibly Covid lowThe Hang Seng Index is trading around the lower boundary of the long uptrend channel & looks poised to test support around the 22,000 level. A dip towards the Covid intra-day low 21,139 may not be out of the question given that 1,000 point intra-day moves in the HSI occurs frequently enough.
A critical level for me would be 23,150. I would establish a short position on a break below this level.
HSI -Current trend in monthly chartComment :
HSI has falling since the highest in February 2021, and it has reaches trend line in monthly chart that begins from August 1998.
It has either touch n' rebound or breakdown n' rebound in :
- April 2003
- March 2009
- February 2016
- March 2020
- March 2022 (will it be reverse the falling trend successfully?)
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 - Stop falling at supportingComment :
Expecting a short rebound coming, the risk here is higher than reward as long as FundFlow+ indicator remain negative.
Rebound condition :
1) Oversold - Oversold (turquoise-color) is passed over
2) FundFlow+ indicator - Fund flow turn upward, it would be great if breakout MA5
3) Tricol+ indicator - no banker sentiment bar (RED)
Support & Resistance :
S : (a) Level-2 @ 22682 / lowest of W-bottom @ 22665
Remark:
- length of AB=CD=DE
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.
HKG33 Bullish Divergence and Inverted Head ShoulderDue to the past few weeks being very hard on stock markets because of rising oil prises, it can also be seen that most markets have already (maybe) started with their recovery, these markets include most American Indexes (US500, NASDAQ, and others).
However European and Asian markets has been held back for the past few days and finally they may seem some light.
As seen in the chart HKG33 has formed a very clear head shoulder pattern and has created a hidden bullish divergence on the RSI.
PA has respected the descending channel sofar, however it gives us opportunity to take a small long if not greater long from the areas of 22290 - 22500.
If PA manages to move into the purple zone and keep its head afloat, we might look at the HSIs recovery. Oil prices still way heavily on European Pacific markets.
Any thoughts?
Bullish: HSI is at very strong support and showing divergenceLets see how this pans out, but in my view we will see some bullish days.
Using trend lines as Bigger picture helpsBy relying on indicators like double bottom as seen on this chart - it can be illusive and detrimental as well. We see that it tricked the buyers 3x before it finally bottomed and breaks out of the bearish trend line.
If one gets too impatient and bought at the first double bottom and hold till now, he would still be in a LOSS position.
By using the trend line and not buying prematurely, it helps to instil discipline and not let emotions rules the game.
Long term view on the Hang Seng Index.Monthly timeframe seems to be forming a symmetrical triangle with PA resting just above the 200 EMA. Relative strength index in a make or break position where we will bounce from over a decades support, or breakdown and visit oversold conditions. Fisher is at the lows and looking to start pointing up. We are also looking at a potential double bottom with the covid lows.
Finding short term trade opportunities in HSIHSI remains one of the most hotly traded index , imo. For those who are keen to do short term trading, there are many opportunities available. It piques my interest as I love Chinese stocks and watching this index going through a roller coaster ride over days, weeks , months and years reveal opportunities/gaps that can provide some form of monetary gains.
Of course, this is a game of probability and some may say depending on TA alone is not sufficient , I leave this topic to remain debatable so long as you are making money from the market.
To long , I will wait for 24366 , the first pink circle to be filled up first OR the confirmation of a long bearish candle on 920am as shown on chart for SHORTING opportunity.
Again, this is not for everyone as we perceive risks in very different ways . Some like the thrill while others prefer stability. To each his own so long you are making some money from the market.
