Hang Seng Index TVC:​HSI

- HSI failed to stay above 29,241 - Broke Uptrend line - Momentum stayed bearish with bearish divergence 1st TP: 28,200 Stop: Above 29,241 will falsify the above set-up

Hello Traders, Hang Seng dropped this morning to 28463 and was not in conditions to build a bottom yet. The Future declined to 28422 and is showing weakness since. A first hint for a countertrend occurs by overcoming the 28664 and after the level of 28711. This could open the door for a „gap-rally“ and may it will closed if so to come. Extending the losses and...

Hello Traders, Hang Seng dropped at todays session to 29051.90 (according to tradingview.com). This range is within the span of an a-b-c pattern and was the 1.618 Fibonacci extension of wave a. At 29486 a wave (v) may endet or a larger correctiv pattern is to develop. On a daily basis, Hang Seng is no longer a „long-call“ and the push that started at January has...

HSI is currently in a very strong uptrend. If it breaks the upper resistance 28350 and 28525, the upper target would be 29000.

Hello Traders, Hang Seng closed today @29466 and achieved the target area as of my last analyze. The advance look not complete to me, so another open level for a possible wave (v) high surrounds at 30196, were wave (v) equals wave (i), highlighted with the blue trendline! Note, that at this level a open gap from January 15-16,2019 remains at chart and this gap...

SELL When: - RSI reaches 82 - Touches the RED Line with RSI reaches 70 - Bearish RSI Divergence occurs BUY When: - Touches the GREEN Line with RSI reaches 30 - Bullish RSI Divergence occurs

My continued research is highlighting the long-term support in Commodities in correlation to the recent rotations in the global equities markets. Pay attention. Commodities have recently rebounded off of historic support and begun an upside price swing. Should the US/China deal reach some positive outcome and should the global markets continue to transition...

HSI - up to finish 5 wave finished 4 wave end 5 wave to resist

Hello Traders, HS has made a new high and achieved to 29241.80 at Mondays session. After it a correction started and HS has broke the uprising trendchannel to the downside on a daily closing basis. This is a strong evidence that a top is in place (or close to do so)! On a shortterm basis we have two scenarios to play. The first is, that a top is in place and HS...

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...

Price is in an uptrend on the daily and lower timeframes, and has just broken the 29 153.0 ceiling, which represents the previous high. It currently is 23 points (pips) below the 289 432.2 level, which has been tested twice previously ass support, though it was later broken through. As a trend trader, I would wait for a retest of price towards previous high (29...

Hello Traders, Since the high @ 29214.8 Hang Seng is in a corrective phase, declining to 28201 and has since retrace more than of a 0.88 Fibonacci! The move to 28201 is either all of the correction, may within a wave (iv) or it is part of a longer lasting a-b-c pattern that will last more serveral days. If the first view is to favor, at 28201 had begun a fresh...

Hello Traders, Hang Seng Index reversed after making it`s low @ 28201 on March 11. At this way, it leaves an „Island-reversal-gap“ that indicate a change of trend, here short-term. So, there remain some variation short-term to interpret this move. I´d like to explain two of them. Declining from 29241.80 – 28201 was either an „a-b-c flat“ correction (keep in mind...

Hello Traders, Hang Seng declined ~ 500 points at Fridays session, opened with a massive gap down. After the break to the downside of the trendchannel, this level of price decline signals, that a correction has started and a wave 1 possibly has endet at 29214.80. The impication as of my last analyse is valid now. If HSD is likely to decline further on, the next...

Hello Traders, Hang Seng has not made any net progress to jump to new highs, instead it is trading within a range between 29014 and 28680. The shortterm weakness of HS is so far a clear „three“ down and touched the uprising trendline (blue) of the trendchannel. As long as HS is trading above 28681 the focus is to the upside and it could be possible that price will...

Hello Traders, Hang Seng made a top (?) yesterday @ 29010 and achieved the lower range of the targetzone as of my last analyse. It formed a kind of „doji“ which to interpret by todays bear candle is likely an „evening-star“. A formation as it occurrs at trend reversal points. At 29010 HS also had resistance by two Fibonacci level as I wrote before. The .618 of the...

Hello Traders, Hang Seng has risen to the targetzone as of my last analyse in a rang e from28600-29083. Weekly close was @ 28816.3. To my view this advance is not done but expect to be in a very short time, `cause overlapping wave within the advance leave a unclear mesage. May it signal an Ending diagonale? While I am not sure I did not place a wave label at...

HSI is approaching our first resistance at 29106 (50% fibonacci retracement, 161% fibonacci extension, horizontal overlap resistance) and a strong drop might occur pushing price down to our major support at 27240 (38.2% fibonacci retracement, horizontal pullback support). Stochastic (89, 5, 3) is also approaching resistance and we might see a corresponding drop...