Hang Seng Index

(Derived Data)

HSI TVC

(Derived Data)

WaveTraderKingsleyT

HSI reach weekly structure and downtrend channels. wait for Price Action to confirm . Short at 25000 area Catch the another fall move. TP 1 : 24100 TP 2 : 23100 TP 3 : 22000

dchua1969

Read this article and digest it for a while ..... Do you think this trend will continue ? I think so with US coming hard on Chinese Companies that were listed in USA. We have seen how JD.com, Alibaba, Tencent, Netease, etc suffered temporary setback in its share price. We can expect more companies raising additional funds by listing in HK and that means more...

ruebennase

Hello Traders, Hang Seng made a high on July 7 at 26782.6 and declined after to 23124.30 on September 25! This move was embedded in a trend-channel and price peaked below the lower boundary at the low of this move. Since that low HS returned to nearly the upper boundary of the channel and a „breakout“ above the upper line would imply a push to the possible wave...

l8nit3-tr0ubl3

We have a great Inverted Head And Shoulders pattern showing on the HSI-Index. These patterns have a fairly high accuracy rate, and are one of my favorites. We measure the height of the pattern and multiply by chances of success for target range, 1726*0.71 (71% chance) = 1225.81 from breakpoint. Entry: wait one full bar minimum as this pattern confirmed at the...

MiltonAceves

Ejercicio Análisis de tendencia 23

taftrader

Price tried to penetrate the cloud but the resistance proved to be just too much. The weekly Kijun, weekly tenkan and monthly cloud ssa are just too much for price to penetrate. This week we expect price to take the path of least resistance, and that is down! The lagging is not yet in free territory so we reduce size and take caution. Entry: 24 386.8 SL : 24 ...

MiltonAceves

Ejercicio Análisis de tendencia 08

ruebennase

Hello Traders, Hang Seng shows weakening behavior since it topped at 26782.60 on July 7! It has moved since in a „three-down“ were a possible wave y equals wave w at 23323.6 (closing price was at 23236.4). Wave y for it self developed as a „three-down“ too, and both waves equal the first waves of the pattern at or near the same level. So we have two important and...

dchua1969

see chart

ruebennase

Hello Traders, my latter call for a countertrend in Hang Seng was to early. It took some more down-up sequences to complete the structure of a wave ((3)) decline. This structure was done on September 25 @ 23124.30. Then, the countertrend did occur and push HS to a high @ 23780 area. Today`s decline should be part of wave ((v)) which will bring HS to fresh new lows...

ruebennase

Hello Traders, Hang Seng declined too, today`s low @ 23560 could be a wave 3 of an impulsive move. If so, the next move is countertrend and develop as a „three-up“. A possible target range is at or around the 23900 level, were an open gap is left at chart and above to 24036 area, the 0.382 Fibonacci of the decline. On rule for Elliott wave is, that a wave 4 can...

ruebennase

Hello Traders, at my latter analysis I wrote this: „If the upward push is not complete, and HS need some more up-divisions, a target range should be at or around 24830-24852 level were the move has to retrace a 0.382 Fibonacci of the decline from 25847 and it is the 1.382 Fibonacci extension of wave „a“. Exactly this scenario played out after. Hang Seng achieved...

ruebennase

Hello Traders, since my latter analysis, Hang Seng has declined nearly 1000 points but failed to show an impulsive decline. The move since yesterday's low @ 24220 is either a small „three-up“ that is complete or it is part of a larger structure with higher price to come in the next hours. In the first case, HS will decline in the coming session to lows below the...

bruceyam

HSI break above the trade line and hold above it since 1992, will we break below the trend line as the status changed?

lucianchan

Am I correct? If price breakdowns 24443, it will be a downtrend to 22000 If price breakout 25778, it will go up to 26600 first then rebound to be a downtrend Short Term SHORT @ 25200 or wait for SHORT@24443 SL @ 25800 TP @ 22000 Risk and reward rate around 1:3- 1:5 Thank you.

chchart

Hang Seng Index (HSI) has started a rising wedge pattern since March 2020. It has just broken the wedge pattern last Friday, closing low than 24814. See if the breakdown is confirmed in the next 2 trading days. If it goes back to the wedge, look for a SHORT at 26050 level in October. The Risk / Reward Ratio is 1:5.6 Target: 21500 (Some main long term trend...

SEYED98

the detail is shown on the above Idea.

dchua1969

Read latest news here This candle that I highlighted is crucial as it sits in between the bullish trend line of HSI. This doji candle signify indecision amongst the buyers and sellers. Either side can be winning to lead the momentum for which now we do not know what the outcome is. We also see some support at 24,130 which in the short term, we might see HSI...