Hang Seng HSI
Hong Kong Index (HSI) 31 Mar 17 *More BEARNice Bear move we had as we expected yesterday.
It should be a matter of time to close the gap of 23810.
Trade Safe,
s0nic
Hong Kong Index (HSI) 30 Mar 2017 *Signs of BearNice Swing Down From 24500.
I am seeing the possibility of gap closing.
I am standing with Bear.
Trade Safe,
Sonic
2017 Week #13 - HSI Bearish BiasShort term, we are seeing a potential short setup with the current potential completion of a flat structure
Hong Kong (HSI) Index (21 Mar 2017) *BULL but carefulIt is for sure that it is in runaway uptrend,
But we will need to be extra careful as usual as the move up of this week and late last week may be a stop hunt "spring" move.
Trade Safe,
s0nic
Hong Kong Index (HSI) 14/3/17 *Possible Short SpottedWe are seeing a possible Swing down set up coming up in HSI.
It will be in line with US FED fund rate.
Let see and Trade Safe,
s0nic
Hong Kong HSI Daily Update (15 Nov 2016)HSI is in Bear mode IMO, as US is about to come hard on China exports. (Remember Stocks are leading indicators)
I will be standing with BEAR for now.
Every Pull Up can be considered as opportunity to Shorts or add shorts.
Trade Safe,
S0nic
Hong Kong HSI Daily Update (8 Nov 2016)HSI failed to drop further and back to the channel (red parallel line),
It is likely to swing Upper lip of 23300 again.
I am Standing with BULL for now..
Of coz, result of US elections matter...
Trade Safe,
s0nic
HSI - Nov 2016 - Sell at Resist levels and ZonesHSI - Nov 2016 - Sell at Resist levels and Zones
HSI is running below the 50 days MA, sign of weakness, the retreat was forecast last month, and it should continues through this month towards the support zones.
Wait for confirmation of engulfing red in 1 to 2 hour candle when ever index rebound back to resist levels and zones to confirm the sell trade. profit take at support levels and support zones as rebound could occur once index reach these levels.
HSI [17th - 21st Oct]Last week price entered back into the immediate demand zone. A break below this area would see price testing the next support at 22274 and potentially at 21645.
HSI - 11 Oct. 2016 - Weekly Update HSI - 11 Oct. 2016 - Weekly Update
Index has dropped suddenly after open high this morning at 24064, a little higher than previous week at 24000 top level, very clearly, market in HK is rejection this level, but elites again will act differently, there could still be chances that Index might push up one more time during US open hours. So those that has started selling the CBBC or Bear options could lose their trade before the true turn around.
But all this ideas are really depends on how money (candle) react to these zones. so watch out and trade according to the position that the candle relate to the levels in the chart.
For Long term is sell.
Short Term still have a chance for a sharp rebound to take out the Bears before the real drop.
HSI - 11 Oct. 2016 - Weekly Update HSI - 11 Oct. 2016 - Weekly Update
Index has dropped suddenly after open high this morning at 24064, a little higher than previous week at 24000 top level, very clearly, market in HK is rejection this level, but elites again will act differently, there could still be chances that Index might push up one more time during US open hours. So those that has started selling the CBBC or Bear options could lose their trade before the true turn around.
But all this ideas are really depends on how money (candle) react to these zones. so watch out and trade according to the position that the candle relate to the levels in the chart.
For Long term is sell.
Short Term still have a chance for a sharp rebound to take out the Bears before the real drop.
HSI [10th - 14th Oct]Last week we saw price move higher after a test of the previous structure. As long as price does not break below 23030 level, our bias remains bullish to the upside, targeting the previous high area at 24355.
HSI - Buy at the break out of this correctionHSI - Buy at the break out of this correction
This is one hour chart to following the forecast of this month.
Index has climb above the resist zone which the zone is now become the support zone for the upper side. index much not break through downward, if the climb is to be continues. so be alert at this support zone in the coming days.
The climb towards the target zone is not going to be in a straight line, so once the break out confirm, a small resist level could bring the index for a small correction. so watch out for that.
This month direction forecast chart:
HSI - Buy at the break out of this correctionHSI - Buy at the break out of this correction
This is one hour chart to following the forecast of this month.
Index has climb above the resist zone which the zone is now become the support zone for the upper side. index much not break through downward, if the climb is to be continues. so be alert at this support zone in the coming days.
The climb towards the target zone is not going to be in a straight line, so once the break out confirm, a small resist level could bring the index for a small correction. so watch out for that.
This month direction forecast chart:
HSI [3rd - 7th October]As analysed, price retraced back to the demand zone between 23031 and 23344 last week. As long as price does not break below 23030 level, our bias remains bullish to the upside, targeting the previous high area at 24355.
