Greetings, one week late for the prediction because of private reason. Financial problem make me really headache, but still i will do my update
For the news of last week, is the total settlement for the Hang Seng Future September, and the new round of Future has started for October.
Evergrande (3333) company has two USD debt are expired to settle, and China has execute Electric Supply Restriction because of not enough power supply for the winter. China government has ordered the State-owned enterprises and financial institutions to purchase the industry of evergrande and prepare for the probably bankrupcy in future. Evergrande still has ONE MONTH Debt grace period to settle the debt crisis.
This week key event will be whether the evergrande will settle the debt crisis or not. Even though lot of the expert predicted that the debt crisis of Evergrande will not influence the financial system in Hong Kong and China, the investors still worry about the event could probably cause the panic sell off or BEAR trend in future.
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Suggestion of HSI market
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Today (04/10) panic sell of is the influence of Power Supply restriction and the fear of Evergrande (3333) debt crisis, however there are resistance at 23800 and pressure at 24500. The trend for this week will Probably Lateral oscillation.
TREND IS UNKNOWN but if there are some bad news again, the trend will probably down trend at any moment
OBSERVATION is NEEDED before you start to purchase.
Since the trend still can stand above 10 EMA, and the MA is still down trend, America Stock market will probably happen a big retracement or a sudden down trend at anytime, HSI market is not optimistic.
New low point has appeared at September, but if the trend break through 23800 and cant stand back above, then it will be one more new low point.
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.
=========Extra Small Plea=========
If you feel this analysis are helpful, may feel free donate to me through Paypal.
Link: www.paypal.com/...amelessinvestor?locale.x=e...
For the news of last week, is the total settlement for the Hang Seng Future September, and the new round of Future has started for October.
Evergrande (3333) company has two USD debt are expired to settle, and China has execute Electric Supply Restriction because of not enough power supply for the winter. China government has ordered the State-owned enterprises and financial institutions to purchase the industry of evergrande and prepare for the probably bankrupcy in future. Evergrande still has ONE MONTH Debt grace period to settle the debt crisis.
This week key event will be whether the evergrande will settle the debt crisis or not. Even though lot of the expert predicted that the debt crisis of Evergrande will not influence the financial system in Hong Kong and China, the investors still worry about the event could probably cause the panic sell off or BEAR trend in future.
========================
Suggestion of HSI market
========================
Today (04/10) panic sell of is the influence of Power Supply restriction and the fear of Evergrande (3333) debt crisis, however there are resistance at 23800 and pressure at 24500. The trend for this week will Probably Lateral oscillation.
TREND IS UNKNOWN but if there are some bad news again, the trend will probably down trend at any moment
OBSERVATION is NEEDED before you start to purchase.
Since the trend still can stand above 10 EMA, and the MA is still down trend, America Stock market will probably happen a big retracement or a sudden down trend at anytime, HSI market is not optimistic.
New low point has appeared at September, but if the trend break through 23800 and cant stand back above, then it will be one more new low point.
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.
=========Extra Small Plea=========
If you feel this analysis are helpful, may feel free donate to me through Paypal.
Link: www.paypal.com/...amelessinvestor?locale.x=e...
Comment:
==============New update============
Hang Seng Future (Night) + ADR for 05 October 2021
Closed price = 23874
Advise = Today HSI might low open at 23874, but might change within 23800 to 24000
Hang Seng Future (Night) + ADR for 05 October 2021
Closed price = 23874
Advise = Today HSI might low open at 23874, but might change within 23800 to 24000
Comment:
==============================
Conclusion for HSI today (05/10)
==============================
Today has a rebounce and stand back above 24000, but the total trade volume today is quite less and not enough power to pull up the trend.
This week the HSI trend will be a struggle between 24400 (10EMA) and bottome resistance 23800. Please keep in mind that, once the trend break through 23800, the new lower point will appear in October, and the trend now is UNKNOWN. May has some rebounce but the debt crisis of Evergrande (3333) and the power supply restriction of China still influence the entire Hong Kong Market.
OBSERVATION IS NEED FOR ASSURING THE TREND OF HSI, BUT THE BEAR TREND IS STILL CONTINUING.
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.
=========Extra Small Plea=========
If you feel this analysis are helpful, may feel free donate to me through Paypal.
Link:https://www.paypal.com/paypalme/namelessinvestor?locale.x=en_US
Conclusion for HSI today (05/10)
==============================
Today has a rebounce and stand back above 24000, but the total trade volume today is quite less and not enough power to pull up the trend.
This week the HSI trend will be a struggle between 24400 (10EMA) and bottome resistance 23800. Please keep in mind that, once the trend break through 23800, the new lower point will appear in October, and the trend now is UNKNOWN. May has some rebounce but the debt crisis of Evergrande (3333) and the power supply restriction of China still influence the entire Hong Kong Market.
OBSERVATION IS NEED FOR ASSURING THE TREND OF HSI, BUT THE BEAR TREND IS STILL CONTINUING.
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.
=========Extra Small Plea=========
If you feel this analysis are helpful, may feel free donate to me through Paypal.
Link:https://www.paypal.com/paypalme/namelessinvestor?locale.x=en_US
Comment:
==============New update============
Hang Seng Future (Night) + ADR for 06 October 2021
Closed price = 24276
Advise = Today HSI might high open at 24276, price will struggle between 24150 to 24380
Hang Seng Future (Night) + ADR for 06 October 2021
Closed price = 24276
Advise = Today HSI might high open at 24276, price will struggle between 24150 to 24380
Comment:
==============================
Conclusion for HSI today (06/10)
==============================
Today has a rebounce but fail to stand back above 24000, not enough volume to push up the trend.
This week the HSI trend will be a struggle between 24400 (10EMA) and bottome resistance 23800. Please keep in mind that, once the trend break through 23800, the new lower point will appear in October, and the trend now is UNKNOWN. May has some rebounce but the debt crisis of Evergrande (3333) and the power supply restriction of China still influence the entire Hong Kong Market.
OBSERVATION IS NEED FOR ASSURING THE TREND OF HSI, BUT THE BEAR TREND IS STILL CONTINUING.
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.
=========Extra Small Plea=========
If you feel this analysis are helpful, may feel free donate to me through Paypal.
Link: www.paypal.com/...amelessinvestor?locale.x=e...
Conclusion for HSI today (06/10)
==============================
Today has a rebounce but fail to stand back above 24000, not enough volume to push up the trend.
This week the HSI trend will be a struggle between 24400 (10EMA) and bottome resistance 23800. Please keep in mind that, once the trend break through 23800, the new lower point will appear in October, and the trend now is UNKNOWN. May has some rebounce but the debt crisis of Evergrande (3333) and the power supply restriction of China still influence the entire Hong Kong Market.
OBSERVATION IS NEED FOR ASSURING THE TREND OF HSI, BUT THE BEAR TREND IS STILL CONTINUING.
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.
=========Extra Small Plea=========
If you feel this analysis are helpful, may feel free donate to me through Paypal.
Link: www.paypal.com/...amelessinvestor?locale.x=e...
Comment:
==============New update============
Hang Seng Future (Night) + ADR for 07 October 2021
Closed price = 24097
Advise = Today HSI might high open at 24097,since Russia claims to increase supply to solve the energy crisis in Europe, and the two parties in the United States have progressed in negotiations on the debt ceiling, and the U.S. stock market closed up. Today HSI might has a good rebounce
Hang Seng Future (Night) + ADR for 07 October 2021
Closed price = 24097
Advise = Today HSI might high open at 24097,since Russia claims to increase supply to solve the energy crisis in Europe, and the two parties in the United States have progressed in negotiations on the debt ceiling, and the U.S. stock market closed up. Today HSI might has a good rebounce
Comment:
==============================
Conclusion for HSI today (07/10)
==============================
Today HSI has a good rebounce as we predicted and stand above 10ema successfully. However one important need to know that the trade volume is still not enough to pull up the trend. But the situation of HSI is begin to stable.
Since Russia claims to increase supply to solve the energy crisis in Europe, and the two parties in the United States have progressed in negotiations on the debt ceiling, and the U.S. stock market closed up. HSI might has a small bullish in this week.
But, most important, the debt crisis of Evergrande (3333) and the power supply restriction of China still influence the entire Hong Kong Market. So the trend now should be considered as rebounce.
Tonight USA stock market has a good rebounce and rise almost 1.5% for each index (SPX500, NASDAQ, DOW JONES). Retracement of USA stock market has been announced delay to December. If there is no more bad news that will influence the market, Thursday, and Friday might still has a small bullish rebounce for short time.
Top pressure is 25800, bottome resistance will be 10 EMA.
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.
=========Extra Small Plea=========
If you feel this analysis are helpful, may feel free donate to me through Paypal.
Link: www.paypal.com/paypalme/nameless...
Conclusion for HSI today (07/10)
==============================
Today HSI has a good rebounce as we predicted and stand above 10ema successfully. However one important need to know that the trade volume is still not enough to pull up the trend. But the situation of HSI is begin to stable.
Since Russia claims to increase supply to solve the energy crisis in Europe, and the two parties in the United States have progressed in negotiations on the debt ceiling, and the U.S. stock market closed up. HSI might has a small bullish in this week.
But, most important, the debt crisis of Evergrande (3333) and the power supply restriction of China still influence the entire Hong Kong Market. So the trend now should be considered as rebounce.
Tonight USA stock market has a good rebounce and rise almost 1.5% for each index (SPX500, NASDAQ, DOW JONES). Retracement of USA stock market has been announced delay to December. If there is no more bad news that will influence the market, Thursday, and Friday might still has a small bullish rebounce for short time.
Top pressure is 25800, bottome resistance will be 10 EMA.
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.
=========Extra Small Plea=========
If you feel this analysis are helpful, may feel free donate to me through Paypal.
Link: www.paypal.com/paypalme/nameless...
Comment:
==============New update============
Hang Seng Future (Night) + ADR for 08 October 2021
Closed price = 24809
Advise = Today HSI might high open at 24809. Top pressure is 25800, bottome resistance will be 10 EMA.
Hang Seng Future (Night) + ADR for 08 October 2021
Closed price = 24809
Advise = Today HSI might high open at 24809. Top pressure is 25800, bottome resistance will be 10 EMA.
Conclusion for HSI today (04/10)
==============================
Today, almost every medical stock of Hang Seng Index lead drop, also Baba (9988), Meituan (3690) drop 3%. But, Evergrande transportation (0708) leads rise 29%.
As we have mentioned above, Evergrande (3333) debt crisis still not be resolved, and TWO of USA debt are expired, and Evergrande group has ONE MONTH Debt grace period to settle the debt crisis.
The trend of Nasdaq, SPX 500 and Dow Jones will have some influence to HSI market, should pay attention to USA market too.
Tomorrow HSI market might has a bit struggle of rebounce, if the trend break through the strong resistance 23800, the trend should be considered as down trend