HSI Short to 21000- we're going for a large multi months down trend for HSI. 2 targets around 21000 is a minimum target, long term investor look for 20k points areaShortby qeroUpdated 446
Hang Seng Index (HSI): Bearish Continuation Coming hey guys, be prepared to short Hang Seng on bearish breakout of a flag formation. the trend is bearish, we saw a fake breakout to the upside recently, fundamental sentiment is vague! don't miss this opportunity. initial target is 25100 then apply trailing stop and try to catch a big winner! good luck! please, support the idea with like and comment! thank you! Shortby VasilyTrader2240
Hong Kong Stock Index (Fire In The Hole!!!)View On Hong Kong Stock Index (21 FEB 2020) Did you read our Bullish call to 28K level previously? Well. It is done and dusted. We are in a pullback phase and it is gaining momentum. I expect it can go down further first but Please be cautious as well. 26,700-27,000 region can act be as some strong support or sort. Whatever method you use if you do not follow the proper rule of risk management, it will have detrimental effects on your account. Feel Free to "Follow", press "LIKE" "Comment". Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. Shortby SonicDeejayUpdated 3
Hang Seng...Take what you prefere!Hello Traders, 28000 area is hard resistance for Hang Seng. It failed to exceed the high of 27771 on February 18 and tumbled lower for the remainder of the week. It closed an open gap, left by trading on February 10-11! One more open gap is from 26786-27174 from February 5-6! At the bearish count, this open gap will be closed for HS and the index is ready to decline within a wave „3“to fresh multiweek lows. A good indication for this interpretation is the drop below the lower boundary of the rising trend channel, drawn at the right-hand corner chart. The bullish idea could close this gap too, but after it will do so, HS will reverse and should advance to fresh new high`s within a wave „3“! Here, a good hint for this idea is the advance above that past high at 27959 (closing, blue arrow) from the trading on February 17! A daily close below this level is needed to support this idea! Have a great weekend.... ruebennase Feel free to ask or comment. Trading this analysis is at your own risk! by ruebennase5
Downward Trend ConfirmedIts pretty obvious that HSI is in a downward channel, after failling to hold 28000 level. And with US stocks crashing on Friday, HSI is destined to open at an extremely low level on Monday. So we have to see if HSI drops to the lower end of the big negative channel. Of course I am not saying HSI would be bullish, but its really possible to see some rebound to the higher side of the channel within 1-2 days. The short term target price would probably be @27330ish level. But In a longer time frame(1 week maybe?) We might see HSI testing support line @26741. If that doesn't hold, prepare for your puts! GL to all Tyby hweikang08283
Hang Seng....28020-28055 is resistanceHello Traders, Hang Seng advanced to the middle boundary of the trend channel and reversed sharply today. While the move from 26144 – 28055 closed below the 0.618 Fibonacci (@28017) it could be all of it and maybe countertrend (three-waves)! If so to come, the next move is to the downside, and a close of the open gap from 27241-27514) could be the next level to achieve. Note that there is one more open gap, left by the trading on February 5-6! So more bearish potential exists. On the other hand. Any rise above the high of the candle on February 17 (@ 28055; 0.618 Fibo and middle boundary of the tc)) on a closing basis could open the door to 28528 (0.786 Fibonacci)! If the bearish count plays out in the coming days and weeks ahead, we possibly have seen today`s start of a wave „3“! Means, a lot of trouble to come for HS! Have a great day.... ruebennase Feel free to ask or comment. Trading this analysis is at your own risk! by ruebennase6
Hong Kong Stock Index (It is wacking the late shortists)View On Hong Kong Stock Index (4 FEB 2020) Well Played HSI. We had a nice short and closed it well now, those late jumpers are trapped. Now it is using 26,000 regions as support and expects it go retest 27,000 at least soon. At the same tie, watch 25,600 and 26,000 regions closely, it is not good news for Bulls if the regions get broken. Whatever method you use if you do not follow the proper rule of risk management, it will have detrimental effects on your account. Feel Free to "Follow", press "LIKE" "Comment". Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. by SonicDeejayUpdated 7
Hang Seng...Powerful advance!Hello Traders, at my analysis, published on January 31, I placed a note below the chart, meaning that the next significant move is to the upside, may as a „countertrend“! The next day (Feb 3) HS gaped to the downside by the opening bell and raise since that day nearly 1500 points to closing of 27900 points today. While this advance is not a clear „impulse“ the odds are still valid, that we see a countertrend. For both interpretations, I need more patterns to judge. In the short term, HS has closed an open-gap, left by the trading on January 24-29. There remains another open gap from 28795-28449. This might be filled, but it is not a requirement. If so to come, Hang Seng will retrace more than a 0.786 Fibonacci of the decline, which will make a countertrend less probable. On a short term window, we can observe, that the advance from 26144-27823 is developing in a „three-up“ what makes it countertrend internal. So the next level of resistance is at or around the 28017 (0.618 Fibonacci)! This meets along with the center-line of the rising trend-channel that connects the highs and low`s of the w-x-y-x-z correction. A push above the 0.618 Fibo level opens the door to 28526. Any decline below the level of 27241 (closing) will open the door to a „gap-close“ on the open gap from 26786-27174, February 5-6! In this case, more bearish potential exists. Have a great week... ruebennase Feel free to ask or comment. Trading this analysis is at your own risk! by ruebennase7
waiting for the coronavirushow the HS index is up if nothing in china is working? Shortby AllAboutMoney5
$HSI #HongKong at two resistance lines and overboughtHSI has pushed through the 28200 barrier which is the two-year 38.2% and one year 61.8% barrier, but has now reached the confluence of two channels, both of which suggest resistance and a pullback. There is clear channel and earlier low support at 26700. It’s not a great trade, but here is a good entry point, shorting 28400 (market). I have placed the stop at 29200 to be ultrasafe, so I need a full breakdown to 25750 or lower to get a decent (>3) RR. However, you could try to build a position with just 100 pt stop and see how you go. If there is upward pressure, then it’s 29000 next stop. Note the overbought indicator on this channel has worked since September. Also there is some similarity to early 2018 price/action. Shortby adathertonUpdated 7
HK50 Short term tradingBuy HK50 on this short term dip. Coronavirus and protest is not doing well for HK but this is quite nice for an entry point. BBI -1.75by dyao0
Hang Seng....26000 level important!Hello Traders, Hang Seng declined to 26145.6 yesterday and then reversed to the upside. today`s session let Hang Seng gap to the upside and closed the day @ 26676. So the bullish idea of a series with „one`s and two`s“ is still valid. Note, that HS is on the way to touch the lower boundary of the trend channel that may occur at tomorrow's session. Stoch and MACD show overbought condition what may bring the index to higher price still. As before. At the bullish case, we have seen a pullback as labeled at the chart and we are at forefront to higher price still. The bearish view implies a wave (ii) to be done @ 29174.9 and declining price at the coming days and weeks. Note, that from an Ichimoku perspective a fresh „sell-signal“ occur this week because the cloud crosses from bullish (green) to bearish (red). Have a great day.... ruebennase Feel free to ask or comment. Trading this analysis is at your own risk! by ruebennase1110
This will passWith the latest news from WHO declaring the coronavirus as a global health emergency, the world is watching China, especially the city Wuhan. To all the Chinese out there who are fighting this virus, I want to say - keep the spirit high. Protect yourself and your family. I am confident this too will pass and a better tomorrow awaits for all. To those who are spreading false news and rumours whether out of fear or malicious damage, please stop and spare a thought for those who are fighting for their lives and those working tirelessly in the forefront, the medics, doctors, nurses, healthcare professionals ,etc. They too have elderly parents, kids to worry about. These unsung heroes kept on fighting despite the pressure mounting and the false accusations thrown at them. For God's sake, no human being is perfect and rather than blaming the government, those who eat live animals, or passing racist remarks, do something useful. If you have money, donate by buying medical supplies or volunteer to help out. If nothing else, stop listening to the negativity and worse, do not forward nor add on. It is adding fuel to the fire which the world needs less of now. Have a heart, people ! Ok, back to the chart. The first dotted bullish trend line is broken down and if you had shot from the pink rectangle area, ie. 28400 to current price of 26531, you would have amassed quite a good profits. Congratulations. The second bullish trend line is where the current price sits at and it is at this inflection point that HSI must rebound. If not, there are 4 support zones for it to retest. Taking the worst case scenario, if it did falls through the crack and retest the lowest support level at 24921, then HSI would have suffered nearly 15% loss from its 2nd peak at 29819. SARS , the closest we can benchmark took about 4 months (Jan to Apr 03)and the damage was around 15% loss as well. So, I will be monitoring this closely and update as frequently as I can. Meanwhile, my prayers will go out to the people in Wuhan and China who are going through this crisis. This too will pass......by dchua1969Updated 9
StockMarket Update : Is the CoronaVirus a BlackSwan ?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 ;) That's the best way to support me and help pushing this content to other users. Kindly, Phil19:45by PRO_Indicators3333
Hang Seng - an alternative bearish countI posted a bullish count for the Hang Seng a little while back but looking at the speed of this correction makes me consider more bearish possibilities. Here is one of them that suggests that the run up from December 2016 to January 2018 was in fact an extended 5th wave which now requires the necessary correction which is taking the shape of a double zigzag. If it can turn around before the level marked with my purple line then the bullish count gains favour again. Lets see.....HShortby tomj24178
Hang Seng...Bulls or Bears? Who will win?Hello Traders, Hang Seng gaped to the upside by the opening and made a high @ 26818.8 at the first trading hour. The index then declined for the remainder of the session to an intraday low @ 26295.5! The a/d-ratio was negative with 15 stocks advancing or neutral and 35 stocks declining today. On the two graphs below you will observe the bullish and the bearish count on a daily basis! Let`s go! Bullish count: As before, the bullish variety is a series of „one`s and two`s“ to the upside. As you will notice, today`s intraday low @ 26925 is close to a validation level @ 26006 were it touches the low of a wave 2 of one higher degree. This would violate the rules and guidelines of Elliott waves. As long as this low is in place, the count is still valid. Another view to this move is, that the high @ 29175 is a wave „b“ of a flat correction, (may a „running-flat“) which will terminate above the low @ 26006! Both interpretations are still valid and will keep the count alive. The bearish view differs from the bullish in that, that the low @ 24540 was a wave“1“ and the countertrend after a „double zigzag“ correction that terminates at the area of a wave „4“ of lesser degree. It is a bit „triggy“ to count the decline from the wave „2“ high the low in wave (i) as an impulse, but still possible. It looks more as a „three-down“ so this option is also valid too. Overall I think the decline is not done and it should terminate above the 26006 levels to keep the bulls alive. Any decline below this level would bring the bears into forehand and open the door to lower prices in the coming days and weeks. Have a great weekend... ruebennase Feel free to ask or comment. Trading this analysis is at your own risk! by ruebennase9
Possible dead cat bounce after selldownWuhan virus statistics show that fatality rate is still within 2% - 3% mark, despite infected cases being more than SARS. After 2 major sell-downs, HSI has now broken down from the up-trend channel. We might see a dead cat bounce back to the trend line, before going down to first support.by v2476
20 years of linear regression and price pattern (Weekly)Its seems that its is more likely for HSI to breakout upward. What's your opinion, tell me more in the comment session below. by Matthew8524
Hong Kong Stock Index (Can dive lower!)View On Hong Kong Stock Index (29 JAN 2020) HSI just retest the lower band of UPtrend line. After some struggle, it shall dive lower. I expecyt 26,500 - 26,800 region will be a next TP level. At the same time, 28,000 will be a ceiling resistant Whatever method you use if you do not follow the proper rule of risk management, it will have detrimental effects on your account. Feel Free to "Follow", press "LIKE" "Comment". Legal Risk Disclosure: Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor. DISCLAIMER: Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice. Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information. by SonicDeejayUpdated 11
Hang Seng...Not done to the downside!Hello Traders, Hang Seng gapped this session to the downside, leaving a massive open-gap @ 27949 – 27101 and crossed the middle line of the corrective trend channel. So this channel implies a corrective „character“ and opens the door to lower prices in the coming sessions. The high on January 20 @ 27174.90 possibly was a wave „X“ as the move broke out of the upper line of the trend channel but failed to exceed higher highs at the following hours. Instead, it declined back into the channel and made lower lows, leaving an open gap and touched the middle line of the channel 27706 on Jan. 23. The next day Hang Seng gapped lower again and closed the session at 27160. This is near the target range I called at my latter analysis. The next target level is at ~ 26750 area, the up-sloping trendline, depending on when and if it will achieve. If so to come we have to check the pattern for more information. For now, it is clear to say, that more bearish potential exists! Today`s gap-down could be an „acceleration-gap“, which often occurs at a wave „3 of 3“ in an impulsive pattern. Only a push above 27988.60 will clear the chart for higher price to come (hourly close at minimum). Till then we observe the pattern very closely and judge in the coming hours what`s next to expect. Have a great week... ruebennase Feel free to ask or comment. Trading this analysis is at your own risk! by ruebennase12
HK50 shortCoronavirus makes trading fast and the short positions might go deeper than we expect. Wait for overbalance. Shortby g0me2z7