Greetings, here comes the conclusion of the trend for this week. The reason of the rebounce end early is because, the trade volume of the entire Hang Seng Index Significantly weakened and there is not enough power to push the HSI up to the new high price. Also, Tencent SDN BHD, one of the biggest company of China and Hong Kong, has been summoned by the government to have a talk about the issue of the restriction gaming hours of teenager and child, and also the delayed released announcement of their big game project <League of Legends:WildRift>. Two reasons above are the main impact to cause the Hang Seng Index trend end the rebouce early and the panic of investors sold out their shares. Also, BABA(9988), XIAO-MI(1810), MEITUAN (3690) are the main influence as TENCENT, and all of them fall in price together today and influence the HSI at the same time.
After explain the reason of why the HSI end the rebouce and go down trend, now we start to analysis the future trend.
As we predicted before, the ENTIRE HSI is still in BEARISH position. In fact, there is also not enough power and volume to support the trend to go bullish as the entire Hong Kong market considered the HSI trend by now just a rebounce but not a chance to go bullish.
So, the bottom support line off 24550 will be the second test of the breakthrough resistance position. However, it might break through the resistance with BIG POSIBILITY as the trend this week has been break through the 20 and 10 EMA. ONLY IF THE TREND CAN BE RECOVER AND STAND STILL ABOVE 10 EMA, THEN MAYBE IT WILL BE A SECOND REBOUNCE OF HSI.
The other reason we say BIG POSIBILITY to break through the bottom support line is because, the WEEK AND MONTH TREND are still bearish and only the startto go down trend. Keep in mind that Overall market atmosphere is still remain sidelines and not enough confidence to support the HSI turn into uptrend.
Therefore, the suggestion is that, OBSERVE THE TREND WHETHER WILL BACK TO 24550 AGAIN OR NOT, THEN WAIT FOR IT TO REBOUCE OR BREAKTHROUGH, then you may consider it is going to be rebounce again or breakthrough down tren.
Again, All the prediction above just assumption, and it is not an advise to purchase or sell the share, please be responsible to your own trade behaviour.
Hope all of you may earn more money and be a rich man/woman.
After explain the reason of why the HSI end the rebouce and go down trend, now we start to analysis the future trend.
As we predicted before, the ENTIRE HSI is still in BEARISH position. In fact, there is also not enough power and volume to support the trend to go bullish as the entire Hong Kong market considered the HSI trend by now just a rebounce but not a chance to go bullish.
So, the bottom support line off 24550 will be the second test of the breakthrough resistance position. However, it might break through the resistance with BIG POSIBILITY as the trend this week has been break through the 20 and 10 EMA. ONLY IF THE TREND CAN BE RECOVER AND STAND STILL ABOVE 10 EMA, THEN MAYBE IT WILL BE A SECOND REBOUNCE OF HSI.
The other reason we say BIG POSIBILITY to break through the bottom support line is because, the WEEK AND MONTH TREND are still bearish and only the startto go down trend. Keep in mind that Overall market atmosphere is still remain sidelines and not enough confidence to support the HSI turn into uptrend.
Therefore, the suggestion is that, OBSERVE THE TREND WHETHER WILL BACK TO 24550 AGAIN OR NOT, THEN WAIT FOR IT TO REBOUCE OR BREAKTHROUGH, then you may consider it is going to be rebounce again or breakthrough down tren.
Again, All the prediction above just assumption, and it is not an advise to purchase or sell the share, please be responsible to your own trade behaviour.
Hope all of you may earn more money and be a rich man/woman.
Comment:
CHINA president has a phone contact with AMERICA president, cause HSI reach until 1.70%
Comment:
For the abnormal rebounce today, is because the Tencent new game approval is not suspension but a delay (the news has been corrected by the foreign media institution), affect others big company share price rise tgether.
Second, presidents between china and america having phone call meeting today.
Therefore, investors should keep in mind that the rise up today is just because of double good news and push the price up again after the panic sell yesterday. We got a big light candle stick, so next week might get into a small retracement period. Next Monday will reveal how the trend going to be to us.
Second, presidents between china and america having phone call meeting today.
Therefore, investors should keep in mind that the rise up today is just because of double good news and push the price up again after the panic sell yesterday. We got a big light candle stick, so next week might get into a small retracement period. Next Monday will reveal how the trend going to be to us.
Comment:
New update for the meeting between China and America president
Summary (Translate by google) -
U.S. President Biden and Chinese President Xi Jinping once again conducted extensive discussions on areas where the interests of the United States and China are consistent and divergent, as well as areas where interests, values, and opinions differ. They also discussed the responsibilities of the two countries to ensure that competition does not fall into conflict.
Conclusion - No further confliction between two contries, end the meeting peacefully. Can be regarded as an optimistic result
Summary (Translate by google) -
U.S. President Biden and Chinese President Xi Jinping once again conducted extensive discussions on areas where the interests of the United States and China are consistent and divergent, as well as areas where interests, values, and opinions differ. They also discussed the responsibilities of the two countries to ensure that competition does not fall into conflict.
Conclusion - No further confliction between two contries, end the meeting peacefully. Can be regarded as an optimistic result
Comment:
However, the another FACTOR that we should not ignore is AMERICA STOCK MARKET. America Federal Reserve has announced the plan of reducing debt purchasing at November. When the dates approach, entire America Stock Martket may start the bearish trend OR retracement, maybe even more earlier. HSI may be affected by the ASM too. This analysis is based on HSI history trend, if ASM go bearish and HSI will go too.
Therefore, kindly advise every HSI investor need to observe the trend of Dow Jones, Nasdaq and S&P 500.
Therefore, kindly advise every HSI investor need to observe the trend of Dow Jones, Nasdaq and S&P 500.
Comment:
==============New update============
Hang Seng Future (Night) + ADR for 10 September 2021
Closed price = 25963
Advise = Next Monday HSI maybe will low open at 25963,
Hang Seng Future (Night) + ADR for 10 September 2021
Closed price = 25963
Advise = Next Monday HSI maybe will low open at 25963,
Comment:
========Conclusion of HSI today 13/09==========
The trend is low open below 10 and 20 EMA, be aware of the 10-20 EMA resistance.
When HSI go uptrend, the trade volume is reduce; when go downtrend, the trade volume increase. This could be study as most of the investors are no confidence to the market now and not ready for the bullish trend, but consider the entire market trend as rebounce.
Start from September, the entire trend of HSI is high first and low. If this trend analysis does not change in the future, it means that more lower point will appear in the middle of September.
The stock of HSI drop today:
1. BABA(9988) - Drop 4%
2. MEITUAN (3690) - Drop 4%
3. Evergrande (3333) - Drop 7%
4. XIAO-MI(1810) - Drop 3%
5. Tencent (0700) - Drop 2%
The Hang Seng Future (Night) + ADR tonight will decide the HSI high open or low open tomorrow, will updated at 14/09 8:45 am
The trend is low open below 10 and 20 EMA, be aware of the 10-20 EMA resistance.
When HSI go uptrend, the trade volume is reduce; when go downtrend, the trade volume increase. This could be study as most of the investors are no confidence to the market now and not ready for the bullish trend, but consider the entire market trend as rebounce.
Start from September, the entire trend of HSI is high first and low. If this trend analysis does not change in the future, it means that more lower point will appear in the middle of September.
The stock of HSI drop today:
1. BABA(9988) - Drop 4%
2. MEITUAN (3690) - Drop 4%
3. Evergrande (3333) - Drop 7%
4. XIAO-MI(1810) - Drop 3%
5. Tencent (0700) - Drop 2%
The Hang Seng Future (Night) + ADR tonight will decide the HSI high open or low open tomorrow, will updated at 14/09 8:45 am
Comment:
==============New update============
Hang Seng Future (Night) + ADR for 14 September 2021
Closed price = 25827
Advise = today HSI maybe will HIGH open A bit at 25827
Hang Seng Future (Night) + ADR for 14 September 2021
Closed price = 25827
Advise = today HSI maybe will HIGH open A bit at 25827
Comment:
========Conclusion of HSI today 14/09========
Today the trend of HSI drop until nearly -0.70% on morning market, but rise back to -0.05% because of petroluem stock make good. However, the fact is that, the Evergrande (3333) and its relevant business - property sector (06666) and trasportation (00708) break down trend resistance. Also, BABA(9988),MEITUAN (3690),XIAO-MI(1810),Tencent (0700) didn't have enough power to push up the price.
Therefore, this cause entire Hang Seng Index start to panic sell off at 13:50 p.m and the trend drop until nearly -1.80%. Then rebounce until -1.21%.
The most drop share in HSI market -
1.Evergrande (3333) - drop 11%
2. Evergrande property (06666) - drop 12%
3. Evergrande transportation (000708) - drop 24%
If Evergrande company cant resolve its debt problem with its debtor and worker, the downtrend probably will continue in this week.
===========================
Suggestion for the HSI market
=============================
Since the market trend didn't stand back above 10 & 20 EMA successfully, the trade volume to push the trend up is not enough, and the sell off trade volume is bigger than yesterday. If there is not any good news to give investors enough confidence, tomorrow the down trend will PROBABLY CONTINUE. Most of the Blue chips share selling pressures have appeared in this week.
Keep in mind that the entire trend of HSI is high first and low. If this trend analysis does not change in the future, it means that more lower point will appear in the middle of September. Also, this week America has a big announcement too, big influence will appear after this week.
Therefore, you may consider the down trend PROBABLY continue in this week.
For the HSI trend tomorrow, the Hang Seng Future (Night) + ADR tonight will decide the HSI high open or low open tomorrow, will updated before 15/09 8:45 am
Again, All the prediction above just assumption, and it is not an advise to purchase or sell the share, please be responsible to your own trade behaviour.
Hope all of you may earn more money and be a rich man/woman.
Today the trend of HSI drop until nearly -0.70% on morning market, but rise back to -0.05% because of petroluem stock make good. However, the fact is that, the Evergrande (3333) and its relevant business - property sector (06666) and trasportation (00708) break down trend resistance. Also, BABA(9988),MEITUAN (3690),XIAO-MI(1810),Tencent (0700) didn't have enough power to push up the price.
Therefore, this cause entire Hang Seng Index start to panic sell off at 13:50 p.m and the trend drop until nearly -1.80%. Then rebounce until -1.21%.
The most drop share in HSI market -
1.Evergrande (3333) - drop 11%
2. Evergrande property (06666) - drop 12%
3. Evergrande transportation (000708) - drop 24%
If Evergrande company cant resolve its debt problem with its debtor and worker, the downtrend probably will continue in this week.
===========================
Suggestion for the HSI market
=============================
Since the market trend didn't stand back above 10 & 20 EMA successfully, the trade volume to push the trend up is not enough, and the sell off trade volume is bigger than yesterday. If there is not any good news to give investors enough confidence, tomorrow the down trend will PROBABLY CONTINUE. Most of the Blue chips share selling pressures have appeared in this week.
Keep in mind that the entire trend of HSI is high first and low. If this trend analysis does not change in the future, it means that more lower point will appear in the middle of September. Also, this week America has a big announcement too, big influence will appear after this week.
Therefore, you may consider the down trend PROBABLY continue in this week.
For the HSI trend tomorrow, the Hang Seng Future (Night) + ADR tonight will decide the HSI high open or low open tomorrow, will updated before 15/09 8:45 am
Again, All the prediction above just assumption, and it is not an advise to purchase or sell the share, please be responsible to your own trade behaviour.
Hope all of you may earn more money and be a rich man/woman.
Comment:
======News from Hong Kong 14/09========
Debt crisis of Evergrande (3333) continues to escalate, therefore China government will decides to arrange a joint working group including accountants and law firms stationed in Evergrande, to conduct a thorough investigation of its financial situation, or prepare for the potential restructuring of the world’s most indebted developer.
Conclusion for this news - Since the Evergrande (3333) Is the biggest decliner stock today, this news might PROBABLY bring more impact for the HSI trend tomorrow and cause a sell off again.
Debt crisis of Evergrande (3333) continues to escalate, therefore China government will decides to arrange a joint working group including accountants and law firms stationed in Evergrande, to conduct a thorough investigation of its financial situation, or prepare for the potential restructuring of the world’s most indebted developer.
Conclusion for this news - Since the Evergrande (3333) Is the biggest decliner stock today, this news might PROBABLY bring more impact for the HSI trend tomorrow and cause a sell off again.
Comment:
========First prediction for the trend===========
After today big sell off, if there is no bad news again, 15/09 Wednesday will has a small rebounce, probably will back to 25900.
If the trend can stand above 25900, then the trend might go to uptrend again. But, if the trend break through 25000, then the trend might probably break through 24500.
After today big sell off, if there is no bad news again, 15/09 Wednesday will has a small rebounce, probably will back to 25900.
If the trend can stand above 25900, then the trend might go to uptrend again. But, if the trend break through 25000, then the trend might probably break through 24500.
Comment:
==============New update============
Hang Seng Future (Night) + ADR for 15 September 2021
Closed price = 25312
Advise =Today HSI maybe will low open at 25312,
Hang Seng Future (Night) + ADR for 15 September 2021
Closed price = 25312
Advise =Today HSI maybe will low open at 25312,
Comment:
========Conclusion of HSI today 14/09========
Today the entire HSI market still influenced by Evergrande (3333) debt crisis event, cause most of the investors sell off their stock to avoid the bearish. The trend has break through every EMA in the chart, which means the new low point will PROBABLY appear before the end of September.
Also, every hong kong investors are still waiting for the new Federal Reserve System report. If there are any new policies come out, neither good or bad, the market will be influenced. Most of the investor chooses a bystander attitude.
The most drop share in HSI market -
1.Tencent (0700) - Drop 4%
2. MEITUAN (3690) - Drop 4%
3. Sands China LTD - Drop 32%
4. Galaxy Ent - Drop 20%
If Evergrande company cant resolve its debt problem with its debtor and worker, the downtrend probably will continue in this week.
===========================
Suggestion for the HSI market
=============================
Since the market trend break through every EMA in chart, if the trend break through 2500 tomorrow, 24580 will be the last resistance test for HSI market.
Keep in mind that the entire trend of HSI is high first and low. If this trend analysis does not change in the future, it means that more lower point will appear in the middle of September. Also, this week America has a big announcement too, big influence will appear after this week.
Therefore, you may consider the down trend PROBABLY continue in this week.
For the HSI trend tomorrow, the Hang Seng Future (Night) + ADR tonight will decide the HSI high open or low open tomorrow, will updated before 16/09 8:45 am
Again, All the prediction above just assumption, and it is not an advise to purchase or sell the share, please be responsible to your own trade behaviour.
Hope all of you may earn more money and be a rich man/woman.
Today the entire HSI market still influenced by Evergrande (3333) debt crisis event, cause most of the investors sell off their stock to avoid the bearish. The trend has break through every EMA in the chart, which means the new low point will PROBABLY appear before the end of September.
Also, every hong kong investors are still waiting for the new Federal Reserve System report. If there are any new policies come out, neither good or bad, the market will be influenced. Most of the investor chooses a bystander attitude.
The most drop share in HSI market -
1.Tencent (0700) - Drop 4%
2. MEITUAN (3690) - Drop 4%
3. Sands China LTD - Drop 32%
4. Galaxy Ent - Drop 20%
If Evergrande company cant resolve its debt problem with its debtor and worker, the downtrend probably will continue in this week.
===========================
Suggestion for the HSI market
=============================
Since the market trend break through every EMA in chart, if the trend break through 2500 tomorrow, 24580 will be the last resistance test for HSI market.
Keep in mind that the entire trend of HSI is high first and low. If this trend analysis does not change in the future, it means that more lower point will appear in the middle of September. Also, this week America has a big announcement too, big influence will appear after this week.
Therefore, you may consider the down trend PROBABLY continue in this week.
For the HSI trend tomorrow, the Hang Seng Future (Night) + ADR tonight will decide the HSI high open or low open tomorrow, will updated before 16/09 8:45 am
Again, All the prediction above just assumption, and it is not an advise to purchase or sell the share, please be responsible to your own trade behaviour.
Hope all of you may earn more money and be a rich man/woman.
Comment:
For addition, the other reason cause the down trend today is because after the election of the Legislative Council, the Macau government announced a consultation on amendments to the gaming law and tightened a number of requirements. Macau gambling industry stocks plummeted. (google translate)
Comment:
==============New update============
Hang Seng Future (Night) + ADR for 16 September 2021
Closed price = 25039
Advise =Today HSI maybe will high open a bit at 25039, OR struggle to open the price between 25000 to 25070. Since 25000 will be the resistence price for HSI, it might probably appear a rebounce today, but also has the risk to break through. Today will be the important day to decide the HSI will rebounce again OR go down trend
Hang Seng Future (Night) + ADR for 16 September 2021
Closed price = 25039
Advise =Today HSI maybe will high open a bit at 25039, OR struggle to open the price between 25000 to 25070. Since 25000 will be the resistence price for HSI, it might probably appear a rebounce today, but also has the risk to break through. Today will be the important day to decide the HSI will rebounce again OR go down trend
Comment:
========Suggestion for the trend today 16/09=========
Since the trend in this morning has reached 24580, if the trend cant stand back above 24580, Friday may will fall until 24100. However, has to depend on the total trade volume and the news in Hong Kong.
Since the trend in this morning has reached 24580, if the trend cant stand back above 24580, Friday may will fall until 24100. However, has to depend on the total trade volume and the news in Hong Kong.
Comment:
========Conclusion of HSI today 16/09========
Greetings, as our prediction, the evening market has a rebounce and stand back above 24580. But today has reached the most lowest point in year 2021, even though the trend rebounce, it is still not enough power to push the trend up.
Today the entire HSI market still influenced by Evergrande (3333) debt crisis event, and also the announcement of Macau government to amend the gambling gaming law. Eventhough the gambling company share has a small rebounce at the end of the market, it is still enough to change the down trend of Hang Seng Index. BABA(9988),MEITUAN (3690),XIAO-MI(1810),Tencent (0700) have dropped few percent today.
Also, every hong kong investors are still waiting for the new Federal Reserve System report. If there are any new policies come out, neither good or bad, the market will be influenced. Most of the investor chooses a bystander attitude.
If Evergrande company cant resolve its debt problem with its debtor and worker, the downtrend probably will continue in this week. Also, how Macau government do the amendment of gambling gaming law in future will be observed by every investors.
===========================
Suggestion for the HSI market
=============================
HangSeng Index has continuosly fall for four day with big trade volume, and has created new low point of 2021. Since the debt crisis of Evergrande company
and amendment of gambling gaming law in Macau haven't resolved, the down trend would probably continue in this week,
Keep in mind that the entire trend of HSI is high first and low. If this trend analysis does not change in the future, it means that more lower point will appear in the middle of September. Also, this week America has a big announcement too, big influence will appear after this week.
Friday will continue DOWN TREND and test the 25480 resistance is available or not, if it has been broke through, the new down trend and low point of HSI 2021 will continue at next week.
For the HSI trend tomorrow, the Hang Seng Future (Night) + ADR tonight will decide the HSI high open or low open tomorrow, will updated before 17/09 8:45 am
Again, All the prediction above just assumption, and it is not an advise to purchase or sell the share, please be responsible to your own trade behaviour.
Hope all of you may earn more money and be a rich man/woman.
Greetings, as our prediction, the evening market has a rebounce and stand back above 24580. But today has reached the most lowest point in year 2021, even though the trend rebounce, it is still not enough power to push the trend up.
Today the entire HSI market still influenced by Evergrande (3333) debt crisis event, and also the announcement of Macau government to amend the gambling gaming law. Eventhough the gambling company share has a small rebounce at the end of the market, it is still enough to change the down trend of Hang Seng Index. BABA(9988),MEITUAN (3690),XIAO-MI(1810),Tencent (0700) have dropped few percent today.
Also, every hong kong investors are still waiting for the new Federal Reserve System report. If there are any new policies come out, neither good or bad, the market will be influenced. Most of the investor chooses a bystander attitude.
If Evergrande company cant resolve its debt problem with its debtor and worker, the downtrend probably will continue in this week. Also, how Macau government do the amendment of gambling gaming law in future will be observed by every investors.
===========================
Suggestion for the HSI market
=============================
HangSeng Index has continuosly fall for four day with big trade volume, and has created new low point of 2021. Since the debt crisis of Evergrande company
and amendment of gambling gaming law in Macau haven't resolved, the down trend would probably continue in this week,
Keep in mind that the entire trend of HSI is high first and low. If this trend analysis does not change in the future, it means that more lower point will appear in the middle of September. Also, this week America has a big announcement too, big influence will appear after this week.
Friday will continue DOWN TREND and test the 25480 resistance is available or not, if it has been broke through, the new down trend and low point of HSI 2021 will continue at next week.
For the HSI trend tomorrow, the Hang Seng Future (Night) + ADR tonight will decide the HSI high open or low open tomorrow, will updated before 17/09 8:45 am
Again, All the prediction above just assumption, and it is not an advise to purchase or sell the share, please be responsible to your own trade behaviour.
Hope all of you may earn more money and be a rich man/woman.
Comment:
==============New update============
Hang Seng Future (Night) + ADR for 17 September 2021
Closed price = 24728, may open at 24692~24728
Advise =Today HSI may has rebounce as it reached the bottom resistance of 24580. If the trend may rebounce successfully and end with red candle, then the trend may start to rebounce again. If not and end with black candle, then the down trend probably will keep continue.
Also, When the US two parties are arguing about the risk of the federal government’s debt ceiling, the Federal Reserve may postpone the announcement of a reduction in debt purchases.
Hang Seng Future (Night) + ADR for 17 September 2021
Closed price = 24728, may open at 24692~24728
Advise =Today HSI may has rebounce as it reached the bottom resistance of 24580. If the trend may rebounce successfully and end with red candle, then the trend may start to rebounce again. If not and end with black candle, then the down trend probably will keep continue.
Also, When the US two parties are arguing about the risk of the federal government’s debt ceiling, the Federal Reserve may postpone the announcement of a reduction in debt purchases.
Comment:
Be careful, since the open price of HSI is more lower than the Hang Seng Future (Night) + ADR , you may consider the rebounce is more fierce than expectation and the trend is unknown.
Comment:
======Conclusion of HSI morning market=======
Technology stock leads the rise, however Evergrande company share still drop and financial stock leads the drop.
As we predicted, this morning has a fierce rebounce. However, the trend is still unknown. If the trend can end with red candle and reach almost half of the black candle before, may predict next week has a short period of rebounce again. If not, then the down trend will keep continue
Technology stock leads the rise, however Evergrande company share still drop and financial stock leads the drop.
As we predicted, this morning has a fierce rebounce. However, the trend is still unknown. If the trend can end with red candle and reach almost half of the black candle before, may predict next week has a short period of rebounce again. If not, then the down trend will keep continue
Therefore Tencecnt share price rise again. BABA(9988), XIAO-MI(1810), MEITUAN (3690) are rising too
but this may consider as a rebounce, be aware for the next week trend