HK50 INDEX METEO UPDATE hello investors and Trader following a rigorous analysis I expect this scenario🕵️♂️🕵️♂️🕵️♂️ Shortby capital_pnlUpdated 222
HANG SENG INDEX trend at the begining of DEC (06 dec to 10 dec)========================== ====== 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 ========================= Greetings, I think lot of people have bought on dips and sold on rallies this three days. Although it worth to take some risk to do some trade, but i still not recommend to hold a lot of stock at this moment. Since the Omicron Virus has been found in 29 countries around the world, most of the investor still fear about it, therefore a lot of panic sold happened inthis week. But i believe that after the Covid-19 Pandemic, people will at least adapt to this situation within two weeks, before Christmas holiday. And i have also shared a news for China,Hong Kong and America as below: ------------------------------------------------------------------------------------------------ Chinese technology stocks were weak, with Alibaba (09988) US stocks and Tencent (00700) ADR lower than Hong Kong's closing price. Ali closed at 122.6 yuan yesterday, a drop of 60% from the historical high of 317.14 yuan, and its market value has evaporated by more than 4 trillion yuan. The recent decline in technology stocks was firstly related to the mainland’s ban on VIE’s overseas listing. Although the China Securities Regulatory Commission later denied it, it did not address market concerns. Then the US Securities Regulatory Commission (SEC) passed an amendment this morning to confirm implementation. The "Foreign Company Accountability Act (HFCAA)" passed in 2020, foreign companies listed in the United States may be delisted if they do not comply with the information disclosure requirements of the U.S. regulatory agencies. In addition, China Aoyuan (03883) was required to repay the total principal amount of approximately US$651.2 million in financing, but failed to reach an agreement with the creditors, which caused further concerns about the default of domestic housing. ------------------------------------------------------------------------------------------------ Therefore, 06 Dec to 10 Dec will probably go sideway retracement for short period since the panic sell and profit taking still continue this week, and PROBABLY will continue until next week. A resistance around 23800, if only the trend and break through it and stand still next week, then the trend will have chance to rebounce until 24700, a second resistance for HSI . ======================= Our suggestion to HSI ======================= Might seek of chance to buy some dips, but if the trend break through 23300, should leave the market and observe it for a short period, because IF THE SELL PRESSURE IS STRONG, WILL PROBABLY USE BREAKING THE BOTTOM STRATEGIC TO SCARE OUT THE UNSTABLE RETAIL INVESTORS, IN ORDER TO CREATE A CHANCE TO RISE THE TREND. The breaking bottom strategy will probably break until 23000 if it happened. But we predict it might oscillae around 23750 to 23300 for a while. ====================================== 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 by lsking0425Updated 552
Trade Idea - Hang Seng IndexHead and Shoulder formation on weekly, Good Entry level between 23200-23400, target 23700-800 or beyond.by FxLabsPlus1
Asian Markets melting down and do not look healthy longer termThe Nikkei and Hang Seng along with my local ASX200 are well under pressure today and may see further downside in coming sessions. In the video I take a look at the daily charts for my major Indexes and discuss where I see the risk and how I will look to trade any downside if this weakness continues.Short12:01by TradeTheStructure443
HSIMeaningful resistance/support in near term - under the radar. Actions to be done in near term. Longby RalphPB0
The Ending of an Era - HSIOriginal Chart This is Based Off 2018 update Original Trade Strategy Around This Chart Everything should be self explanatory in the chart. Of course - this will work until it doesn't, but since the 1990, the HSI index hitting its upper resistance line has nailed every major global market top within a very short timeframe. You can see how perfect this has timed markets with the correlation to the SPX index in the lower chart. Hypothetically speaking, when you would hit the upper resistance line, you would short emerging markets to hedge against whatever is about to happen. Then when this hits the lower resistance line, you would go long major market indexes until you arrive back at the upper resistance line (SPX, etc). 2022 - End of an Era? As most can see, this chart is a very very long narrowing wedge / channel. The volatility between drawdowns and rises was far greater the further back you go, and the drawdowns have all been proportionally smaller as we narrow within the channel bouncing off top and bottom resistance (and sometimes in between). With that said, narrowing channels like this indicate increasing fragility of the trend, and potentially suppressed volatility. Eventually, something has to give, and this will break the long term pattern. I believe we're close to that point, and that's not a good sign for asian markets. I don't know exactly what would happen if this breaks to the downside, but I don't think it would be pretty. Stable systems such as this have a way of becoming extremely chaotic when the stability breaks. Chaotic markets = drawdowns / crashes, and given the current state of Chinese markets and politics, this shouldn't be too surprising that it could be possible. The ongoing Chinese real estate crisis is just getting going, and the party has so far remained committed towards deflating their real estate bubble. Fundamentally, Hong Kong is just as bad if not worse than China from a real estate speculation / valuation perspective, yet there are additional problems in HK with people fleeing the territory due to the Chinese takeover following the 2018 protests. Demographics are strongly against this market, valuations are strongly against this market, and the current economics of this look rather dire without any major positive windows into future development / growth. From a technical perspective, this is also far weaker than every other time it's hit the bottom resistance line. Note that every other instance we hit the lower resistance line, we also were hitting the lower monthly bollinger band at the same time. Not included within the chart, but momentum indicators also are showing a lot of negative divergences. You can see this from simply looking at the chart and noting the covid recovery bounce has been far weaker than every other post-lower boundary recovery bounce. We didn't even make it up to the middle resistance line before retesting. My guess and view is that this won't break easily, but it will break dramatically. I think there is a good chance we see another rally here back towards one of the resistance lines, but after that, momentum will have really worn off. I also think we could chop around the lower resistance for a while, but ultimately, we are likely going to break down here on a secular basis. Maybe Kyle Bass will actually be validated after being wrong for 10+ years (except he's probably already been stopped out of all his poorly timed trades)?Shortby GTStockmaster222220
Hang Seng index: upward potential?A price action above 25200 supports a bullish trend direction. Upside price momentum supports the bullish trend. RSI leaves enough room for further upside price potential. MACD bullish crossover also remains applicable. Longby Peet_Serfontein0
HANG SENG one of very rare indexes which is not a bubble. Hong Kong - Hang Seng is in a falling trend since long ago. This shows that investors over time have sold at lower prices to get out of the index, and indicates negative development for the market. An inverse head and shoulders formation is under development. A decisive break of the resistance at 26051, ideally with an increase in volume, signals a further rise. The index longterm bullish forecast for the next one year is 33500 . The index is overall assessed as technically oversold. ideally expect medium long term growth. on the other hand if things went sought for China expect this to hit 20,000 before any reversal. Important note: these are my personal thoughts and they can be wrong. I'm not a financial advisor. but if you are willing to buy this, expect 50% growth on ur investment for the next 12 months from now. let me know about ur thoughts will it go back up ? Longby SabahEquityResearch224
Hang Seng.....First legs of an impulse?Hello Traders, HS made a low on October 5,at 23681.44 and start a 5-up to 26234. This could be a wave 1 and the following correction a wave 2 or a part of wave 2! So, from this view, the „Mob“-level is at the low 23681. A break of this low will open the door to 211xx area! But if HS is able to rise, in an impulsive move, above 26234 it has the chance to extend to 28892 at minimum. At this level, it could touch the range of the wave b/x high at 29394! A decline below 24259-24206 on a daily close will eliminate this count! After a two-years lasting bear market, HS has a long way to go, to return into a bull market. Right now, the odds are not given. So any counter trend move to the upside is one in a bear market! Watch this! Have a great week.... Ruebennase Feel free to ask or comment! Trading this analysis is at your own risk! by ruebennase223
HSI in a long term bullishtest1..........................................................................................................................................................................Longby megaturbold110
HANG SENG - Long Term viewHang Seng topped in 2007, retested the high in 2018, and is now headed for the retest of previous lows. Two lost decades?Shortby TheLazyBrother0
Awaiting for HSI breakout - bullish patternwatch the 1H chart pattern Year end boost - 11/11/21 Singles day, Christmas, etcLongby dchua19694
Hang Seng.....Wasted time!Hello Traders, Hang Seng hasn't made any net progress since September 2020! It is bouncing around, up and down, and it is continuous his bear market, that have started in 2018. Since the ATH @ 33484 HS has shown a nearly 0.786 Fibo correction to even the zone of 20806! The final low in this move down was at 21139.26! Since, HS was not able to create a new impulse again, and so, the facts are becoming increasingly clear that the move up from this low is a countertrend in a bear-market! If you are watching the „inner“ trend line (blue) that is connecting several lower highs (watch the red arrows), this line has become more and more important, `cause HS was not able to put this resistance out of the market! As long as HS is trading below this line, the trend is focused down. So; a break of the possible of the wave x of ((c)) low, will open the door to the wave ((b)), (grey), low @ 22519! Breaking this, will set the stage for a test of the 21139 level! More bearish potential exist in this case!! On the other hand! A break of the lower red trend line should open the door to the blue one. Above that level the door should be open to close the open gap from trading on the week of July 19-26, 2021! One more note! Watch the behaviour of price after HS has touch the red trend line (higher level)! Price declined to fresh new lows after. This could happen once more right now! Have a great week..... Ruebennase Fell free to ask or comment! Trading this analysis is at your own risk!by ruebennase112
Inverse head & shoulder, price pull back to Fib 0.618 level, BuyInverse head & Shoulder and price also pull back to Fib 0.618, looking for reversal signal at smaller time frame and buy. Aim 27000Longby MenteTrading1
Hang Seng Index This is a chart of the Hang seng Index (HSI). It looks like the might be forming a Inverted H&S similar to what our spy did last month. As you know BABA JD PDD NTES stand to benefit from this bullish move if it plans outLongby ContraryTrader3
HK50 THE CHINESE NEW YEAR BULL IS ROARINGAlot of patience is based in this setup The major indicies sp500, us100, DOW, FTSE etc. has made serious gains the last 18 months Even though the evergrande crisis became publicly know whe hk50 was at it bottom it did held op and made massive support at the area. Today we saw our first higher time frame trend reversal - it could offer a bank stuffing trade because it has more than 20 pct to last top. I like what i see and is willing to take the risk - are you? Longby sfriismoeller1
HSI potentially is up or down? HSI now is potentially can up to 26800 and from there can will got chance to rest and down.... be patient for it to have a short rest before it really going up moreby jimzlee2010Updated 0
HK 50 I don't mean a thing if it ain't got that swingMarket phases - Price Action The market can only go in three directions: 1. up, 2.down, 3. sideways. With high / low defined, we can use several charts to identify these market phases and start a simple search for our Swing Highs and Swing Lows. In short: • the market rises when price makes higher highs and higher lows. • the market goes down when the price makes lower highs and lower lows, • The market goes sideways when price does not make higher highs and higher lows or lower highs and lower lows. It may sound childishly simple, almost like stating something obvious, but you will be amazed how often people forget these simple facts. One the most important question is: "Where is the market going?" sequence: The change of direction is confirmed when the price is rising above recent highs (as seen in the chart above). In other words, it is a reversal 1-2-3 - you go long (buy, eat) after correction above pillar levelLongby UnknownUnicorn25487280
HSI: Prepare to shortAs shown in the chart, while there MAY be some upward leg still left in the "Pearl of East", the current setup favors shorting.Shortby sngyuchao1
Hang Seng..... Test of resistance zone next?Hello Traders, Hang Seng is trading below the two important zones which ranges from ~23700 (support) to ~26800 (resistance)! A break of both levels should have tremendous impact on the long-term chart picture! Short term, I favour, that HS will run to the upper line of resistance at ~26800 area to re-test the level! A break above that zone, should open the door to 27200 range, where an open gap has left by trading on July 23-26-2021! If this area should be taken off the market, the next challenge would be a break of the declining trend line (blue) that crosses 27200 zones on a weekly basis! On the other hand! A close of the open gap at 25808 would open the door to 24800 range with more bearish potential if it should „fall“! In this case, a test of the support range (green trend line) is next! Have a great Sunday..... Ruebennase Feel free to ask or comment! Trading this analysis is at your own risk! by ruebennase113
What's up , China ?If we look closely at what the Chinese government have been doing of late, I would say they are indeed doing a great job for the people of China. From clamping down on the 996 working culture , stopping the fan culture online and drastically reducing the amount of tuition for kids........ Living in Singapore, we are not too much different. Parents with kids are also sent to a frenzy when weekends come. They act as chauffeur for their kids, sending them from one enrichment program to another islandwide, hoping to give them a better edge in life. This article here prompted this Taiwanese entrepreneur to take things in his stride and created an eco-farm where his kids and the public can now enjoy and spend more time with nature rather than the mobile phone or laptop. The big picture is to ensure the Generation Z and younger would have a life outside of their virtual world, parents who are slogging hard to make money would not feel so stressful each day worrying about their kids' academic results or extra curricular activities. And of course, down the road, I expect more benefits like maternity , paternity leave , cash grants , etc to be dish out to incentivise more couples to have more children. The notion of "getting older before getting rich" is a concern for the Chinese government and they have to do whatever it takes to turn the situation around. Retirement villages , eldercare services are relatively a new concept in China unlike the US and Europe and it will take some times before we see a change. And because of the "elitism" mentality, many parents are buying properties near the schools they want to enrol their kids. Government has also move in to rein the red hot booming property market and those properties around the school areas have witnessed a drop in pricing after the clampdown on the private education sector. Read article here When reading the news daily ,it may appear that there is a BIG CLEAN UP by the government. Many industries have not been spared and I think more sectors will not be spared in the coming months....... by dchua1969Updated 445