The Chinese economy has had 4 consecutive years of closing in decline. Evidently, the Chinese economy supercycle (as depicted in the chart) indicates that a reversal is well overdue (or superdue in this particular context). By the end of this year, it can be expected to see a relatively massive reversal in the Chinese economy, one that may catch many by surprise....
In this analysis, I talk about how I used Elliott Waves to count the moves of Hang Seng Index from Jan 2018 to 24th Nov 2023. The main points to take note are these: 1. The corrective move down in 2023 is over. 2. We are still in a minor corrective move down. 3. But a wave 3 up is round the corner and that it will be an explosive one. 4. The risk is low for this...
4th wave pullback(upside) is started in Hongkong index from 1st Nov'22 wait for correction until 14th of Nov, provided 15880 should be protected (SL) After B wave correction ,if limited to 15880 then buy a ticket after 15th Nov for your upward journey till Jan23
HSI has negatively reacted to China's 20th Party Congress, but is now very likely to experience a strong support on 2W charts. As you can see, we have reached a very strong support zone, from which HSI has rebounded everytime. I am personally going long on NASDAQ:BILI as it's analysis is also showing a very strong likelihood for short/mid-term rebound since...
Clearly not a bet the farm type situation but the HSI has traditionally staged a rally off big -2x standard deviation moves.
Due to the repeated news of Chinese government's crackdown on the monopolistic practices of Chinese Technology companies that worried some investors on the long term impact of investing in these companies and the we have seen a prolonged sell off by both retailers and institutional investors in many of the Chinese Tech companies namely Alibaba ( HKEX:9988 and...
GOOD STOCK FOR SHORT AND LONG TERM FUNDAMENTAL IS GOOD YOU CAN SEE MULTI-YEAR BREAKOUT TAKE MULTIBAGGER STOCK DO FOLLOW AND LIKE
HSI could retap the 61.8% fib support and bounce !
HSI tapped the EMA 50 and double tweezer pattern formed. Potential for a bounce at 38% fib retracement key support here !
HSI on the pullback, could push back to the trendline ! Stochastics also supports a further sell off!
After the breakthrough on two weeks before, HSI is heading to the top of the ascending channel, it doesn’t mean try to short, like, just short call to make a cover call strategy or wait for some pull back for a long chance
HSI has seen Stochastics resistance, near-term correction is possible to our graphical pullback support and the 50% fib retracement.
HSI bouncing from channel, more upside ! Stochastics is also showing hidden support level for price to bounce from!
HSI reversing from horizontal swing high!
HSI might face bearishness from resistance line !
Dates in the future with the greatest probability for a price high or price low. The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will...
HSI only breaks the previous bottom a little bit while the US market drops 15% and alot more around the globe! another round of 4 trillion money printing from China and another round of rate dropping coming soon from the Fed will eventually return the whole. Here, from the chart, Weekly! assume BOLD GREEN C = 1.618A and BOLD BLUE 5 = (1 to 3) x...