HSI1! HSI1! 2021 Sep 27 Week Rejection at about 24587, the 50% of the Feb 2016 - Jan 2018 uptrend provided short opportunity, besides rejection at previous H3 UHV bar high 24718. Weekly: Down bar closing off low, a little demand, but no signs of strength. Weakness expected to continue. Daily: Weakness. The last 2nd and 3rd bar appeared as bearish...
Greetings, the HSI trend has reached a new low point 24424 in 2021 years at 17/09/2021. Then it rebounce back and end with 24920. It could be studied as the investors do not want to let the trend break through 24580 and there is a resistance line at there. The trade volume at 17/09/21 is more than any day trade in September. Will it be a chance to rebounce THIRD...
HSI1! HSI1! 2021 Sep 20 Week Weakness played out last week and market was supported at about 24587, this is the 50% of the Feb 2016 - Jan 2018 uptrend. If there is a breakdown and this becomes resistance, market would see more down side. The last up move from 20 Aug - 08 Sep took more days and volume than the one before it while we see more ease of...
HSI1! HSI1! 2021 Sep 13 Week Last week's preference to keep to long last week was fruitful. Weekly: Up bar close below 50% of bar = weakness and a third off the high = weakness. Daily: Price is attempting to test recent high in the red zone, nothing meaningful yet on daily chart. H3: Market moving up, but shortening of thrust. Effort no result =...
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...
HSI1! HSI1! 2021 Sep 06 Week Last week's preference to keep to long last week was fruitful. Weekly: Up bar broke previous week's high but close below its high and a third off the high = weakness. Daily: Upthrust + weakness in the background = weakness H4: Upthrust and supply came in = Weakness has appeared. However no follow through on the UHV down bar at...
Greeting, this is my new prediction for the future Hang Seng Index, please forget our previous prediction without accurate information. Basically, Hang Seng Index has entered Bearish Trend. The Down Trend has gone through two waves, and the third wave will happen in the future. If it is not a big down trend, it will end the bear trend after three...
HSI1! HSI1! 2021 Aug 30 Week Last week's long preference worked well. 24306 was a previous high demand area, will buyers come in to support should price reach there? Daily: No Demand tiny spread, background = lower high. Last 2nd and 3rd bar effort not result for the bears. H4: 20 - 25 Aug we see the highest bullish volume emerged on the background of this...
Last week, we predict this week might rebouce until 26840. However, this week HSI has not enough power to rise back at 26840, therefore we may assume that next week 30/8/21 to 3/9/21 will break through 24750. The assumption is based on the Zigzag down trend hasn't reaches it new bottom. We predict that Hang Seng Index might reach it previous low point 23130...
The Hang Seng Index found some support at 24,850 and has since rebounded. Holding above this level may pave the way for a technical rebound towards 26,200 – the 61.8% Fibonacci retracement. The MACD indicator remains below the neutral midpoint, underscoring bearish momentum.
Hi guys, well, as last week predict, this week probably will be the rebounce of HSI, and today it has a small rebounce. Therefore, for this week, it is importance that whether the trend will kill going up or drop down and break the bottom support line. Altough Zigzag hasn't reach it new bottom, the same rebounce can be found at the end of June 2021. Therefore, we...
For the flows here, buyers are clearly in control and have been over multiple decades - although since 2016 we have been inside a compression range which looks set to blow later in 2022. Strong support comes into play at 23,500 which should be enough to cap the outflows before continuation in a bull market towards a measure 40,000 breakout target. ↳ To the...
HSI!! HSI1! 2021 Aug 23 Week Last week's long levels become short levels market did not even try to test the immediate high. Supply proved stronger. Market returned to test the UHV, and it looks like a spring has occured Weekly: Wide Spread sown bar closing off lows = Demand has come in. Daily: Wide spread down closing in middle, rejection of lower...
As we predicted last night, today the hangseng index come to the lower point of 24748 (27/7/21) before, but didn't break through the lower point. Therefore, the main point for next week is whether the hangseng index will rebounce or not? Reading from MACD and RSI, even today come to the lower point, but the RSI and MACD not yet touch or over the lower point as...
Today HangSengIndex drop as expected, therefore the main point is, will the retracement will end at tomorrow 20/8/21? According to our analysis, we expect that August will be the month of retracement of HangSengIndex. This week will decide whether the index will rebouce or keep dropping, we expect 20/08/21 will be the last drop of HSI. If next week monday, the...
HSI1! HSI1! 2021 Aug 16 Week Gentle ascend, intermediate trend channel established. High probability short trade from the upthrust. Tested Historic UHV High from 27 Jul Weekly: Up bar close above middle (some strength, but supply still present) Daily: Strength coming in H4: Supply still present and Lower High Strategy for Short (Test and Reject): -...
- A successful attempt may open the door for further upside potential - MACD indicator is trending higher, underscoring upward momentum
HSI1! HSI1! 2021 Aug 09 Week Last week's market: = No follow through in breakout - Weakness - Upthrust and returned to rotation zone = weakness - Yet to test the Historic UHV from 27 Jul - Market in 650pt rotation (grey box) Monthly = UHV wide spread down bar closing off low (Change in behavior takes time) Weekly = Potential demand, close on middle...