Wyockoff Distribution on HSIThe HSI looks awfully like the wyockoff distritbution graph. Looks awfully like BTC's last years graph. Just an opinion.
HK50 trade ideas
HSI trend prediction for 19 April 2022 (One day only)==========================
====== 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.
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.
HSI Trend Analysis for one day only 23 Mar 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.
Today the trend gap up open again, and surpass the resistance area of 21875. The future change date will be at 29 March 2022.
We predict that the trend might probably go down and touch 21875 again today or tomorrow (24 Mar 2022). If the trend does not break through 21875 and go below, then the support will be strong enough to support the futher rebounce in future.
Our suggestion is, may start to reduce the stock when meets the new high in this few days, and observe the trend whether will go below 21875 or further low 21495 and 20795. This few day the trade volume reduced half of the volume if compare to the time HSI rebounced at 16 Mar to 18 Mar. Most of the investors guess the trend might go down whenever, But there will be 30% of exception that the trend might go in a different way that out of the investors expectation.
======================
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
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.
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.
=========================
Analysis Start ( GOOGLE TRANSLATE)
=========================
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!
