I concluded 8 crucial factors to determine the direction of the HK stock markets:
1. Tension of US-China Trade War: Negative 2. Inverted Yield Curve: Negative (Recession Worry) 3. Political Environment and Sentiment: Negative 4. Fed’s Dovish Tone: Positive 5. Leading Economic Data: Negative 6. Companys’ Earnings: Neutral to Negative 7. Liquidity and Fund Flows: Negative 8. RMB Depreciation: Negative
Trading Plan: Sell on every bounce until we see panic selling at heavily oversold level. Second wave of correction will happen on coming weeks or months. Be prepare!
What are your plans for this assuming you still have a bearish outlook? Stop-loss or hedge?