Hang Seng Index TVC:​HSI

There is a classic single zigzag and the final is yet to come. Now there is a 4th wave in impulse C with a target of 27000. This goal is conditional since the 4th wave is an ascending triangle and into the final wave E, which has now begun, it can both penetrate level a-c and not reach it. Next will be the final 5th wave, and most likely it will be truncated ...

Based on Fibonacci levels, we see that the impulse is not yet complete. And the fall that is happening now - wave 4 of this impulse. Since the drop was very strong, wave 5 will most likely be truncated and stop in the range of 34000 - 35000. After that, a long-term correction will begin which should return the values to the bottom of 4 waves, That is, to the level ...

Hello Traders, Hang Seng declined 3.34% this week (according to teletrader.com) and gaped lower at Fridays session. HS touched serveral times the 265xx area, indicating strong resistance at this level and start declining. This decline is done or close to do so, with one more down-sequence to the area at 25300. In terms of time the decline from 26530.9 is to short ...

Unfortunately not enough data. Graph shows values from 1987. We proceeded from the value of 100 points in 1964 as the beginning of the first wave. Probability that the correction comes to an end, but the goal in 24093 should be achieved in any case. If the index goes below this value - the next target is 21889 points. This is the most negative scenario. In ...

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 ...

Choppy session for HK and China. Doesn't seems like its going to end anytime too. These are the levels to watch for coming weeks. Trade Safe

Greetings, the recent rejection of the daily upper band, trend line @ 26,550 and weekly shooting star has perpetuated the downward trend. As such we look at a short towards the next support at the 24,300 to 24,500 range over the next 2 weeks. Godspeed.

Another Counting Bear 2 not coming yet?

Indices globally have been in a downturn as the trade tensions between Trump and China heated up however should we expect some short term relief? The market works in trend and tends to bounce between support and resistance zones. The HK50 (Hang Seng) has reacted from the key weekly support of 25300.00. Looking left you can see how this level has been used ...

Fib retrace on HSI from year highs shows that we are hitting resistance levels at 26400 level. Bounce driven mainly by Trump politics and mid terms. Trend lines still heading down...so staying short.

Update to the original post. https://www.tradingview.com/chart/HSI/Jo3ZYemK-Hang-Seng-Long-Short-Indicator/ Since the Hang Seng Index EWH hit the upper bound in January 2018, it has since dropped as much as 22%. Shorting from the point of touching the upper bound would have beaten the market significantly this year across all indexes. Current situation We ...

HSI Bear 1 Completed? Running Bear 2 (A-B-C) Rebound?

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Hello Traders, the same as for the N50 analyse is true for Hang Seng. Not much new to add. Hang Seng is working with the last low at 206067.5. The up move that started at this level is clear a three wave move. While there is low opportunity that the running move is a “expanding-flat” within a wave 2 of lower degree, the low must be in place and a sharp and strong ...

Hello Traders, Hang Seng lost this week 4.38% (according to “teletrader.com) and closed below my bullish area @ 26648 and retraced more than the 0.88 Fibonacci. So for now, the former low at 262196. Is important for the bullish view, but the odds do decrease. A break below this level will open the door to 26075-25200 area, the wave “4” one of one lesser degree. A ...

https://www.tradingview.com/x/CTeIrzTr/ Looks pretty similar to 2008 - short? It seems seems like there are a few false breakouts along the way though.

downtrend in play , sell to the low.

Hello Traders, Hang Seng performt negative this week, with a loss of 0.59%! The overall structure at the hourly chart looks corrective, either part of the correction within a wave ((C)) of 2 that need one more down sequence to complete or a extending wave 3 with 1-2; 1-2`s! A break below the 27638.5 (marked with the blue arrow) will open the door to 27425-27328 ...