Hang Seng Index TVC:​HSI

HENGSENG was a screaming buy after it collapsed towards 26000. I was strong bull after those levels and went long till 28000. I do see slight pop up towards 28150/200 and close the gap before we start to see some more downward correction.

Hello Traders, Hang Seng is going on with it`s advance, after pausing from 27340 on September 14! The aftermath following the „3-down“ to 26449, the Fibonacci 0.62 of the advance, is a rise to 27966, a resistance zone formed by the countertrend high of September 4 and todays high! The slope of the advance makes the odds high for a new multidays to -weeks bull ...

Everything should be self explanatory in the chart. Of course - this will work until it doesn't, but for now, it seems like a pretty damn reliable indicator. Go long SPY when the Hang Seng Index hits the lower range. Sell SPY long and short the Hang Seng Index (hong kong stocks) when the top end of the range is hit. The manner which this has historically ...

Same as previous chart - but overlaying the S&P 500 to get a view on how good this is at timing the market.

Just a reminder that HSI has been range-bound since 1997. It has ridden above the top end of the range twice, but both times (2008, and 2018) it reverted back. If it proceeds to draw down excessively from here, it'll be the second crash from elevated levels. The smallest drawdown has been 36%. Also worth mentioning is that each time the HSI has drawn down, it ...

Hello Traders, Hang Seng may bottomd yesterday @26219.6. Todays gap up was possibly an „Breakaway-gap“! While no data for Volume is avaliable to me, you can check the Volume by your own. If there is a high volume to observe, the odds do increase for that gap! Those kind of gaps get sometimes closed, sometimes not. A solid supportzone is around the ...

Hang Seng Index Update HSI 13th September 08:13 Bst We were looking for a good bounce from the 26265 line which is the top of the gap to left of price and the meeting of fixed and dynamic lines of support. The low was 26219 before rallying 550 points. It's now testing the first minor resistance level at 26920 from the previous low and meeting profit taking in ...

Hang Seng Stock Index looks extremely bearish on the weekly chart. It could trade to the low 20,000s in the months ahead. Look out below!

Hello Traders, as of my last analyse, Hang Seng declined into the wave 4 area of one lesser degree @ 27532. Todays (Sept. 04) low @ 27563.8 may make this area a wave ((ii)) decline and a powerful, impulsiv move is next within a wave ((iii)) advance. Todays session endet at 27985, within the span of a wave 4 of lesser degree and retraced the 0.382 FibRT, which is a ...

Fundamentals are still impacting the index and the irrationality of the US makes our technical analysis more arduous. The index is probably going down some more with trade concerns coming into light further. If we see another 5% down move, this will be worth getting in for the long haul.

Hello Traders, as of my last analyse Hang Seng dropped below the 28671 and negate the impulsiv idea, just because a wave 2 can not exceed the start of a wave 1 as you know! So, may the low at 26669.6 is wave ((c)) of 4 but the structure does not look like that. Note that the pattern within the blue trendline shows overlapping wave and because of that I see ...

if current level holds Expect it to climb backwards 28000 Area and close Gaps.

Hello Traders, Hang Seng is still correcting the advance from 26871-28579.6 and has retraced so far 0.5 FibRT of the distance. This is a common target for a wave 2 and also a „ZigZag“ pattern. My favorite is the impulsiv pattern and while the 0.618 RT is the most which got retraced I like to see one more move down to even the 27523.8 area where this retracement ...

Hang send was 1% away from starting the official bear market. Leading or lagging is the question for US equities. $GXC

was about a 1% away from official bear market territory, sitting 3% away, for now. $GXC $SPY

The rapid descent of 2008 should be followed by a similar fall, which has just begun with the failed attempt to make new highs. This will complete an abc flat that brings the price back to the area of wave preceding 4

China/Asia break support and head lower as the debt contagion continues to spread in SE Asia. Watch how this debt/credit issue expands across SE Asia, South America and across the One Road project countries. My assumption is that China is using every resource possible to prevent this type of contagion event from happening now with it having "fingers in every ...

Hang Seng just broke through another significant level