Hang Seng TECH Index FuturesHang Seng TECH Index FuturesHang Seng TECH Index Futures

Hang Seng TECH Index Futures

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HTI1! One of the best ways to hedge against drawdowns in the US Nasdaq is by shorting HTI futures. Additionally, shorting major Chinese tech stocks such as Meituan, JD.com, and BYD can also serve as effective hedges.

HTI1!
cover short position 3871.
looks like short term bottom is seen.
dont want to push too much out of it
Snapshot


HTI1!
expected the index to rebound but seems the rebound is weak and price broke below open...
so instead buy i short 3903. stop loss at current high 3928

HTI1!
Blue Retangle = Previous 1hr range area S/R
Currently price movement is getting smaller to a descending triangle
Snapshot