Hope this idea will inspire some of you ! Don't forget to hit the like/follow button if you feel like this post deserves it ;) Indicators used in this forecast are PRO Sinewave & PRO Momentum . You can check my indicators via my TradingView's Profile : @PRO_Indicators Kindly, Phil If you want to learn more about the basic rules to trade with my...
$HSI into fib cluster likely to retrace down to 20dma where short term resistance line was breached. Short 33500-700 area
Indices across the board are facing strong downwards movement. HSI just break through the support zone, next support will be at 32000. Reachable soon... Disclaimer: The information contained in this presentation is solely for educational purposes and does not constitute investment advice. The risk of trading in securities markets can be substantial. You...
The comparison is easy, the debt level is even crazier than during the last credit bubble that bursted 10years ago.. Real economies just started to get over it but it seems like traders haven't learnt anything for the previous crisis !! As I always say... trading is about cycles and no matter how ofter I hear "This is different now..." or things like that... the...
HSI Long term Channel .. RSI trend ..Wait for divergence #HangSeng
HSI HangSENG at key fib levels .. Beware of sharp profit taking or selloff
Given the Hang Seng prices about to reach its high point, I call a short for this upcoming week. While there is potential for some long term gains, I believe an extremely short position is conservatively the best calling. That would maximize losses and still bring some profits just looking at the technical analysis of past charting patterns. Also it still looks...
Hang Seng Index has been in a near-term uptrend since the beginning of December 2017. The question is whether HSI will close at 30000 by the end of next week. Please take note that the market will be closed for 25 & 26 December 2017 in observance of the Christmas Holiday. HSI made a recent high of 30,200 on 22 November 2017 and since then it went all the way...
HSI could build a double top at D1 wave. In connection to high world stocks DOW, US30, Ger30
looks like some rebound back to 28000 or above is imminent. overall we are still in a complex wave 4 on the daily.
market did rebound to the 274xx level as suggested but it gaped up with great momentum and went past the 0.618 level to the 0.786 level of wave i usually a wave C down would be swifter and wouldn't "stall" that much. Market need to come down again fast or I'm a bit worried for the bears An alternative count would be wave 4 is taking the form of a contracting...
HSI HANGSENG closing in on significant resis. short 27K
potential short term top around 271xx-274xx area ? possible extended wave 5 target projected from the length from wave 0 to wave 3( 1.618)
Hang Seng (HSI) which is heavily property weighted and led by some key stocks eg Tencent had one of its larger sell offs today, but looked to possibly put in a base around the key technical futures levels of around the 25000's /25500's. Bullish seasonality normally strong over July so a potential dip buying opportunity or part of a more major global weakness in...
It's believed that HangSeng is in Bull 2 market. However, as it has rised 5000+ points since the beginning of this year. Would it return to the trendline after Jun?
HangSeng RSI divergence and LT support line now resistance