lsking0425

HSI TREND ANALYSIS UNTIL THE END OF DECEMBER 2021

TVC:HSI   Hang Seng Index
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====== 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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The reason why the Hang Seng market continues to set new lows this week is because the market is suspected of misrepresenting that China will ban Internet brokers and provide offshore transactions to mainland customers. The essence is only to restrict "fake foreign investment". Although they are all supervising cross-border funding practices, they are limited. Objects and content are worlds apart, and China's concept stocks are gradually stabilizing

The other reason is that, The China Securities Regulatory Commission again responded to the US audit supervision. The China Securities Regulatory Commission stated that the relevant regulatory agencies of China and the United States are currently negotiating on the cooperation of audit supervision and have made some positive progress. The China Securities Regulatory Commission adheres to an open and cooperative attitude, respects the PCAOB (Accounting Oversight Board of Public Companies of the United States) for fulfilling its responsibility to monitor the quality of auditors' practice, and believes that through international cooperation, the PCAOB's inspection and investigation of Chinese accounting firms registered in the United States will be resolved , Is an internationally accepted practice.

The Fed’s tightening of monetary policy and concerns about the Omicron variant virus continue to plague the market. Investors are worried about the economic recovery; US stocks settled yesterday on the "Four Witch Days" (that is, the third Friday of March, June, September, and December, individual stock futures , individual stocks) (Options, index futures , index options settlement days, the stock market fluctuates abnormally), the Dow once fell 613 points, and then the decline narrowed; the Nasdaq repeated.


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OUR PRESPECTIVE
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The following chart is depend on WEEK TRENDING



As we observed that, even the week trending appeared the oversold light purple candle, but it is not creating bottom of market (the green bar and the grey bar, green colour means bottom) And also, it has reached the bottom of Fibonacci zone and touched the important resistance point. If the week trend do not break through the bottom around 23150, then it may has a rebounce in future, but if it break through 23150, then the next low point will be at 21960 suppport line for week trend.

However, the entire HSI trend still in downtrend pattern, so each time of up trend might consider as a rebounce but not a formally uptrend.

Now we look into day trend. We may see that the oversold candle appeared again at the end of week. So will the down trend start again? We may find that the 23271 support line maybe still available, and as long as the trend did not go below 23271, IT MIGHT GO SIDEWAY RETRACEMENT FOR A WHILE TO SEEK A CHANCE TO REBOUNCE AGAIN.

BUT, IF THE 23271 SUPPORT FAILED, THEN THE NEXT SUPPORT LINE FOR DAY TREND WILL BE AT 22696. IF THE TREND START TO GO DOWN AND BELOW 23000, THEN YOU HAVE TO BE CAREFUL FOR THE FURTHER DOWN TREND IN FUTURE.

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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
Comment: For additional, the most important factor that influenced the HSI is the POLITICAL MATTER OF CHINA, therefore you may look for CHINA news and HONG KONG news for you extra support
Comment:
Comment:

Greetings, and we would like to share some of our idea of HSI trend in future.

As we predicted, this week the trend still go down trend and PROBABLY WILL GO DOWN TREND FOR A SHORT PERIOD.

But, if you check the trend in WEEKLY PERIOD, you will find that the trend is going to touch the uptrend support line in the future. And our prediction for this is that, the trend might touch at 22397 in the future. THIS WILL BE THE BOTTOM OF THE HSI FOR THIS YEAR WITH BIG POSIBILITY.

If the trend REALLY will finish the retracement around 22397, then which means the trend will start rebounce at the begin of 2022.

So, we may wait until the trend touch 22397 or 22400, then wait for the turn signla appear in the future.

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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
Comment: ===============
Our suggestion today (22/12/21)
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HSI Futures Night close at 23189, we may now consider the rebounce is starting in this week, but the entire market is still pessimistic. So a bit pressure might be appear for the uptrend.

However, if the trend can stand still above 10 MA, then it will be safe for the rebounce
Comment:
Comment: ===============
Our suggestion today (23/12/21)
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HSI Futures Night close at 23194, we may now consider the rebounce is starting in this week, but the entire market is still pessimistic. So a bit pressure might be appear for the uptrend,but may be a bit weak.

The trend is seeking a chance to go uptrend in future but the settlement of Night Futures DEC is near and the trend might go sideway adjustment
Comment:
Greetings, now according to our indicators, the rise chance (Blue arrow) has appeared, however it is still unsure to go uptrend.

Tomorrow 24/12 Hang seng market will only operate half day until 12.00 then enter into holiday until Next Monday, reopen on Next Tuesday(28/12). So be carfeful for the low trade volume HSI
Comment: Kindly advise, tomorrow Hong Kong only HALF DAY TRADING, Remember control your stock trading.

And also one more clue, if the trend cant stand above 23383, then chance to go up trend is small but once it stand still above 23383, then it will HAS CHANCE TO START A UP TREND
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