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!
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.
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.
HSI TREND PREDICTION FOR 28 FEB TO 4 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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War between Ukraine and Russia has temporarily stopped today, and there might be a chance for the global stock market to start a new turn of small uptrend.
Also, next Monday 28 FEB 2022 is the important change day for the HSI Trend.
If the western market tonight go well, next Monday Eastern Stock market will follow the steps too.
HOWEVER, ALL ASSUMPTION ARE BASED ON THERE IS NO MORE WARS OR INCIDENT TO INFLUENCE THE GLOBAL STOCK MARKET.
Believe or not, when a trend is near to the previous High point or low point, there is alway some incident will happen to influence the stock market, therefore when the trend is near to the previous High point or low point again next time, you may pay attention to the news and will find something interesting.
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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 trend Prediction for 21 FEB 2022 to 25 FEB 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, and now we will share some idea of HSI trending for next week with everyone.
Because of the possible war between Ukraine and Russia, influenced entire stock market in the world. Also, the infected amount of Covid-19 increased too, two reason caused the panic emotion of investors. In Hong Kong, CHINA government policy influence the food industry service charge and cause MEITUAN share price gap down closed at last Friday.
So, how the trend will go at next Monday 21 FEB 2022?
Since Nasdaq Index of USA close with Black candle last Friday, and next week will be the HSI futures Stock settlement week, the HSI night Futures closed at 24140 last Friday. IF the trend cant stand back above 24323, a short-term down trend is inevitable. BUT, 22 FEB 2022 will be the change date of HSI trend, if the trend will stop go down at 22 FEB 2022, then we may expect a small rebounce of the trend.
IF THE TREND WILL REBOUNCE SUCCESSFULLY AND WONT BE INFLUENCED BY THE OUTSIDE FACTOR, WE EXPECT THERE WILL BE A SECOND UPTREND WAVE FOR HSI AT THE BEGINING OF MARCH
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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 D4: XABCD 50% BUY/HOLD 13 000 points(NEW)Why get subbed to me on Tradingview?
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HSI D4: XABCD 50% BUY/HOLD 13 000 points(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
🔸 Summary and potential trade setup
::: HK50 4days chart overview/outlook
::: speculative XABCD setup
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::: lower risk position entry near point C
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::: N/A
::: N/A
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::: Sentiment: BULLS
::: Sentiment outlook short-term: BULLISH
::: fundamentals are also STRONG
RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.
Indexes - What are they and how do they work?Index tracks performance of multiple assets that are grouped together. One of the first people to introduce the concept of indexing were Charles Dow and Edward Jones when they created the Dow Jones index in 1896. This concept allows for an easy tracking of performance of any particular sector within the economy. For example, the Nasdaq 100 index tracks performance of hundred biggest tech companies in the U.S.; similarly, the Russell 3000 index tracks three thousand largest companies in the United States. These indexes contain U.S. securities which account for over 90% of U.S. corporate equity; therefore, analyzing an index provides an investor with information about the overall health of the economy or particular sector.
Diversification
Generally, investing in indexes is associated with lower risk than investing in stocks. This is because indexes are structured in such a way that they diversify risk by tracking performance of multiple assets rather than by tracking performance of one single asset. For example, if an investor's portfolio consists of shares of a single stock company and the value of those shares drops, then it directly affects the portfolio in a negative way. However, if an investor owns an index tracking performance of 10 companies instead of a one stock title, then the investor's risk is diversified among ten companies instead of one single company. Therefore, an index tends to perform well as long as the majority of its components perform well. Similarly, when the majority of companies incorporated within an index perform poorly then the index tends to reflect it.
Illustration 1.01
Illustration above depicts the monthly chart of Hang Seng Index (Ticker: HSI). It is observable that the index performed well in the long-term. Though, massive drops in the index are observable too in 1997, 2000, 2007, 2015 and 2018.
Source: www.tradingview.com
Value of the index and weight distribution
The value of an index is dependent on its underlying holdings; further, it can be based on the price, market-cap or any other metric related to these assets. There are various methods on how to weight an index which plays an important role in how it performs. For example, in an unweighted index all its components have equal significance, regardless of their size. However, in a market-cap weighted index these components hold significance that is proportional to the size of their market-cap. Therefore, a volatile move in a big company would have a bigger impact on the overall performance of an index as opposed to the volatile move in a small company. Most indexes are price-weighted and market-cap weighted.
Indexes as financial assets
Generally, indexes tend to move in trends and produce good results over a long-term period. Index investing is preferable for inexperienced and passive investors because it tends to outperform active management in the long run. Additionally, it takes off psychological pressure that is associated with an actively managed portfolio while providing more free time to an investor. Exposure to an index can be gained by investing in index futures, options, CFDs, ETFs and other derivatives.
Major indexes include:
Dow Jones Industrial Average - thirty large U.S. companies that trade on the NYSE and NASDAQ.
Nasdaq 100 - hundred biggest tech U.S. companies that are publicly traded.
Standard & Poor 500 - five hundred biggest companies in the U.S. that are publicly traded.
Russell 2000 - two thousand smaller companies that comprise the Russel 3000 index.
Russell 3000 - three thousand biggest companies in the U.S. that are publicly traded.
DAX 40 - forty biggest German companies that trade on the Frankfurt Exchange.
Hang Seng Index - sixty biggest companies that trade on the Hong Kong Exchange.
Seasonality and trends
Indexes tend to move in cyclical trends and less often in trading ranges. They are less prone to the effects of calendar and industrial seasonality when compared to stocks and commodities.
Change in components
Since their inception many indexes have changed the composition of their underlying assets. For example, the Dow Jones Industrial Index started as Dow Jones Transportation Average in 1896 and consisted of only twelve companies. These companies operated mainly in railroads, cotton, tobacco, gas and oil sectors. However, eventually new companies were added to the index until it reached the total number of thirty companies in 1928. Since then the composition of the index changed several times; although, the number of companies stayed the same. This concept of rebalancing indexes is common to many other indexes; and it usually occurs on a quarterly basis.
Illustration 1.02
Picture above shows the monthly chart of the Nasdaq 100 Index (Ticker: NDX) between 1995 and 2006. Companies included in this index changed over time. Nowadays, the Nasdaq 100 index includes such companies as Alphabet, Apple, Microsoft, Intel, Tesla, etc.
Source: www.tradingview.com
If you have not read our previous articles on stocks and commodities, please feel welcome to do so. They are attached to this idea. Additionally, feel free to express your own thoughts and ideas in the comment section below.
DISCLAIMER: This analysis is not intended to encourage any buying or selling of any particular securities. Furthermore, it should not serve as a basis for taking any trade action by an individual investor. Your own due diligence is highly advised before entering trade.
HSI trend analysis for 25 JAN to 28 Jan==========================
====== 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, and congrat to HSI enter into a good uptrend.
So, next week the trend will PROBABLY enter retracement phase and need at least two day to wash out the investors. The support line will be around 24600 and 24400
However, if WEDNESDAY the trend break through 24400, then it is a danger signal to keep observation. Next week is also HSI FUTURES SETTLEMENT, please keep in mind.
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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 - Rebound coming soon?Rebound condition :
1) Hang Seng Index candlestick has reached to Level-1 of Raising Stage (D) and pull back. It has now reach W-Bottom neckline (N1) and rebound
2) FundFlow+ indicator - Broke down 5-day MA, it will be better if BO above 5-day MA
3) Tricol+ indicator - banker sentiment bar (RED) fall below 10-day MA
Support & Resistance:
S : W-bottom neckline (N1)
R : 25050 (Level-1) (+3.01%)
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.
HSI Trend 2022 Analysis for 17 JAN TO 21 JAN, uptrend END or NOT==========================
====== 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, and we would like to share our OPINION about the trend for next week 17 JAN to 21 JAN
So last week is a good week for HSI to start go uptrend and finally reach before 24600. However, as we stated last week, above 24600 will be a strong resistance for HSI trend. Therefore, the trend start to go down at 14 JAN. But, the real question is, will the trend go down trend again or this is just a retracement?
According to the chart, we find that HSI trend is now stand above of the down trend tunnel, 24050 to 23850 become a supportive area to HSI trend. Now the trend also stand above 10, 20 50 MA, next challenge will be 100 MA. ALSO, 17 JAN will the change date of WEEK PERIOD TREND.
Therefore, if only the trend will not break through 24050 to 23850, then the trend will still has chance to go uptrend again to challenge 100 MA. ONCE THE TREND BREAK THOUGH, a short period of down trend is inevitable. The probably supportive point will be at around 23500. As we calculated before, the true bottom of HSI will be at 22027.51 , let hope we don't meet each other at this bottom. But since the trend is walk at the top tunnel of bollinger, still has hope for HSI. Rebounce or not, 17 JAN will be an important day to every investor.
=======================
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 & GXC suffering in the same boatWhen will the market recover ? When is Alibaba going to turn around?
When will the Central government of China stopped all these regulations tightening and all ?
OH, I wish I have a crystal ball and provide you with the answers but I don't. Go to youtube and you will find many fake gurus telling you to buy this asset, do this business, attend their webinar and start making money ! Well, if you think they are right, still I won't suggest you to sign up for these paid courses.
I am not sure if OMICRON is the black swan that could trigger the market sell off especially the US market (which is long overdue ). Feds will have to come up with some tricks soon to assure the markets everything is fine. Again, will we have a joyous Christmas enjoying a stellar returns of the stock market or a cold one, with many tightening their belts if the market falters.
INFLATION, STAGFLATION, OMICRON, VTLS, OIL PRICES, LOW FERTILITY, CLIMATE CHANGE, etc are some of the global issues that need to be addressed and the time is running out ........
HSI UpdateCame off of overbought conditions, but I think it's melting up. It's too close to this open gap to not fill it. Plus Asia always goes up on Fridays.
Wish i had held my PDD puts though.... bought i bought SNAP puts with that money so I'm OK, lol.
Do not recommend shorting until lat enext week, maybe next Wed.
HSI Trend expectation for 10 JANUARY to 14 JANUARY, A Chance??==========================
====== 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 and happy new year to everyone, last week we expect the trend might go sideway retracement or break through the supportive point. As the result, HSI go through both pattern (what a lol moment). We study this situation as the The dealer cleans the floating chips in the market with a fierce pattern. Indeed, they success. But we may find the clue from the trade volume in the past week, as the trade volume shrinks to a small amount but still go down trend fiercely, this might be the hint of the dealer action.
So, how about the trend next week? Will it continue go up trend?
First i should apologize to all my follower that i doubt of my analysis and miss the best chance to advise you all a good chance to go in the market. As you may see in the chart, the trend at 06 JAN 2022 has touched the fibonaci time zone that day and then it rebounce successfully. That is almost a best time to buy on dips but i got some bad news from Hong Kong about almost every Blue chips stock go so bad that time, so i doubt about the possibility of rebounce. But, i lose to the dealer of HSI, thats why i apologise, and i will improve my ability and self-confidence of trend analysis. I hope i wont be tricked again by these dealer again because this is my first time to meet this kind of trick.
Okay, now i will start my new analysis.
After the rebounce we may found that the trend now is coming to a key position of whether it may remains the uptrend or not. The top resistance will be at 23600 but the strong support is 23300, this is very near and important for HSI now. IF only the trend can stand above the 23600, then the trend may start to challenge the 50 MA around 24110. However, since the trade volume has an explosive increase at 06 January, the support has been established, we might expect the possibility of break through 23600 is big.
BUT, Hong Kong government also declare the time limit of outdoor activity and all citizen should not go out after 6.00p.m., will this policy affected the uptrend of HSI now is UNKNOWN. The rivalry between China and the United States is also becoming more and more tense, this is also be worried by most of the investor of Hong Kong and stay on the sidelines.
Therefore, here is the advise from us, if the trend does not break through 23300 and stand above 23600 successfully, IT WILL BE A GOOD CHANCE AS THE 23600 WILL BE THE SUPPORT POINT TO PUSH UP THE TREND. However, we do not rule out the possibility of falling below 23300 in the future, if the trend go down 23300 again, Sell and wait and see.
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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 almost overboughtSomething to watch out for next week.
BABA reversed but might have one more day before it reverses. With the US market now pumping towards close, I'd be more tempted to short China than US if you;re bearish.
I was telling a follower, China is the contrarian index, lol. Made decent money shorting Chinese ADR the past few months.
How HSI trend will go in the begining 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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Since the end of the previous year refers to entering the settlement stage, the transaction volume has decreased to less than 5 billion. On the last day, HSI gapped high and opened low and closed the false positive line. However, the trading plunged on the first day of the new year. Therefore, the future trend of HSI was unclear.
In addition, US stocks will also be affected by the reduction in debt purchases in the next three months, and may enter a state of stock market correction early. Evergrande (3333) is also facing a serious debt crisis, and many real estate properties have been repossessed, which may further affect the sentiment of HSI investors in the future. Blue chip stocks have not yet seen an upward trend.
Therefore, we provide our observations.
Due to shrinking trading volume, this week's trading volume will gradually return to the daily level, and this week will also determine whether HSI can start to rise or rebound in the future. The current trend has entered an equilateral triangle trend. It either rebounds smoothly or continues to fall to bottom. According to our calculations, the true bottom of HSI is around 21,000, while HSI is currently rebounding at around 22,600. In the future, once the trend drops below 22600 again, it may fall further to before 21000.
If one day this week, a large volume rise or rebound can begin, the trend of the small bull market can basically be confirmed. Therefore, this week must enter the observation phase. It is not recommended to open a position immediately, but it may be possible to do more on dips. There is a greater possibility of entering a short-term rebound trend if it does not break through 23000.
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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