HSI TREND ANALYSIS UNTIL THE END OF DECEMBER 2021==========================
====== DISCLAIMER ==========
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This chart and trend analysis is MERELY an OPINION, not the PROFESSIONAL ADVISE
This analysis does not provide any trading suggestion and ask for selling and buying, please be responsible for your own investment behaviour
And we do not be responsible for your own loss
Also, the future might change anytime and everything won't go as what we predicted, so please accept this analysis as an entertainment, don't be serious about fail prediction or wrong concept and prediction. Thank you.
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Analysis Start (GOOGLE TRANSLATE)
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The reason why the Hang Seng market continues to set new lows this week is because the market is suspected of misrepresenting that China will ban Internet brokers and provide offshore transactions to mainland customers. The essence is only to restrict "fake foreign investment". Although they are all supervising cross-border funding practices, they are limited. Objects and content are worlds apart, and China's concept stocks are gradually stabilizing
The other reason is that, The China Securities Regulatory Commission again responded to the US audit supervision. The China Securities Regulatory Commission stated that the relevant regulatory agencies of China and the United States are currently negotiating on the cooperation of audit supervision and have made some positive progress. The China Securities Regulatory Commission adheres to an open and cooperative attitude, respects the PCAOB (Accounting Oversight Board of Public Companies of the United States) for fulfilling its responsibility to monitor the quality of auditors' practice, and believes that through international cooperation, the PCAOB's inspection and investigation of Chinese accounting firms registered in the United States will be resolved , Is an internationally accepted practice.
The Fed’s tightening of monetary policy and concerns about the Omicron variant virus continue to plague the market. Investors are worried about the economic recovery; US stocks settled yesterday on the "Four Witch Days" (that is, the third Friday of March, June, September, and December, individual stock futures, individual stocks) (Options, index futures, index options settlement days, the stock market fluctuates abnormally), the Dow once fell 613 points, and then the decline narrowed; the Nasdaq repeated.
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OUR PRESPECTIVE
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The following chart is depend on WEEK TRENDING
As we observed that, even the week trending appeared the oversold light purple candle, but it is not creating bottom of market (the green bar and the grey bar, green colour means bottom) And also, it has reached the bottom of Fibonacci zone and touched the important resistance point. If the week trend do not break through the bottom around 23150, then it may has a rebounce in future, but if it break through 23150, then the next low point will be at 21960 suppport line for week trend.
However, the entire HSI trend still in downtrend pattern, so each time of up trend might consider as a rebounce but not a formally uptrend.
Now we look into day trend. We may see that the oversold candle appeared again at the end of week. So will the down trend start again? We may find that the 23271 support line maybe still available, and as long as the trend did not go below 23271, IT MIGHT GO SIDEWAY RETRACEMENT FOR A WHILE TO SEEK A CHANCE TO REBOUNCE AGAIN.
BUT, IF THE 23271 SUPPORT FAILED, THEN THE NEXT SUPPORT LINE FOR DAY TREND WILL BE AT 22696. IF THE TREND START TO GO DOWN AND BELOW 23000, THEN YOU HAVE TO BE CAREFUL FOR THE FURTHER DOWN TREND IN FUTURE.
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At last, all the prediction above IS MERELY AN OPNION, and probably won't go as we predicted, so please jsut accept all this prediction as a entertainment .
Hope all of you may gain more and more profit in Stock market, good luck
Hang Seng HSI
$HSI [Hang Seng] to Rebound? Will the TVC:HSI index rebound from current zone?
$HSI "Hang Seng" Is currently trading in an interesting zone that's worth watching. A breakdown will trigger a retest and a severe fall. However, I see an opportunity here for a decent rebound to 26k.
$HSI #HangSeng #Hk50 #HongKong #HongKong50
Follow for more updates...
#AHMEDMESBAH
Hang Seng Index (HSI): Now or NeverAnalysis Forecast:
OANDA:HK33HKD Trading at Key Support.
Supporting Technical Observations:
1. Price trades at High Volume Node & Fibo 61.80% (Golden Ratio).
2. Volume and Fund Flow Index (FFI) displayed climactic supply.
Stop Loss
If index breaks below 24,800, expect further mark down.
HSI market prediction for 13 to 17 December 2021==========================
====== DISCLAIMER ==========
=============================
This chart and trend analysis is MERELY an OPINION, not the PROFESSIONAL ADVISE
This analysis does not provide any trading suggestion and ask for selling and buying, please be responsible for your own investment behaviour
And we do not be responsible for your own loss
Also, the future might change anytime and everything won't go as what we predicted, so please accept this analysis as an entertainment, don't be serious about fail prediction or wrong concept and prediction. Thank you.
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Analysis Start
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We want to talk about current market conditions and forecasts for the next week (13-17 December).
(Google translated)
From the current point of view, the rebound from 30/12/21 has reached 4.96% volatility, so profit-taking, that is, short-term adjustment, may be carried out at present. And we use a special method to calculate that there will be a change date in the next 17 December 2021 (Friday). Assuming that this calculation is correct, then we propose two hypotheses about future trends based on this possibility:
The first point is that the overall market will undergo a short-term adjustment of nearly 1.90% to 2.10%. As long as the index does not break through 23800, then the second phase of the upward trend may begin. So will the market adjustment continue until 17 December 2021, or will the second wave of upward trend end in 17 December 2021? We will continue to observe and update the data to inform you.
The second point is that the market will build the bottom of W. In order to make the later rise more powerful, a substantial adjustment will be made, and there will be a second bottom on 17 December 2021. Then a real upward trend will begin. However, just like the information we shared before, it is expected that there will be a head and shoulders bottom before 24 January 2022, and then the upward trend will begin.
08 June 2018 to 04 Jan 2019
28 June 2021 to 24 January 2022
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For the future trend, I found some intresting idea again, and i want to share with you all.
In Stock market, you may know a wisdom is that History always repeat
From 08 June 2018 to 04 Jan 2019, HSI market experience a down trend at least 210days, four down trend, and a head and shoulder trend at low place, then start a new uptrend.
If you compare to the HSI trend when start from 28 June 2021, you will find that two period of trend are almost same.
So, the clue is that, if the history will really happen repeatedly, it means that start from next week would probably has a small rebounce first. Then test the bottom resistance again, at least two time, then start a uptrend next year January 2022.
This is our forecast for the next week (13-17 December), but please remember that the market is changing from time to time, and the forecast is not necessarily accurate. Therefore, we must also pay attention to market news and stock market changes at any time.
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At last, all the prediction above IS MERELY AN OPNION, and probably won't go as we predicted, so please jsut accept all this prediction as a entertainment .
Hope all of you may gain more and more profit in Stock market, good luck
HANG SENG INDEX trend at the begining of DEC (06 dec to 10 dec)==========================
====== DISCLAIMER ==========
=============================
This chart and trend analysis is MERELY an OPINION, not the PROFESSIONAL ADVISE
This analysis does not provide any trading suggestion and ask for selling and buying, please be responsible for your own investment behaviour
And we do not be responsible for your own loss
Also, the future might change anytime and everything won't go as what we predicted, so please accept this analysis as an entertainment, don't be serious about fail prediction or wrong concept and prediction. Thank you.
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Analysis Start
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Greetings, I think lot of people have bought on dips and sold on rallies this three days. Although it worth to take some risk to do some trade, but i still not recommend to hold a lot of stock at this moment.
Since the Omicron Virus has been found in 29 countries around the world, most of the investor still fear about it, therefore a lot of panic sold happened inthis week. But i believe that after the Covid-19 Pandemic, people will at least adapt to this situation within two weeks, before Christmas holiday.
And i have also shared a news for China,Hong Kong and America as below:
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Chinese technology stocks were weak, with Alibaba (09988) US stocks and Tencent (00700) ADR lower than Hong Kong's closing price. Ali closed at 122.6 yuan yesterday, a drop of 60% from the historical high of 317.14 yuan, and its market value has evaporated by more than 4 trillion yuan.
The recent decline in technology stocks was firstly related to the mainland’s ban on VIE’s overseas listing. Although the China Securities Regulatory Commission later denied it, it did not address market concerns. Then the US Securities Regulatory Commission (SEC) passed an amendment this morning to confirm implementation. The "Foreign Company Accountability Act (HFCAA)" passed in 2020, foreign companies listed in the United States may be delisted if they do not comply with the information disclosure requirements of the U.S. regulatory agencies.
In addition, China Aoyuan (03883) was required to repay the total principal amount of approximately US$651.2 million in financing, but failed to reach an agreement with the creditors, which caused further concerns about the default of domestic housing.
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Therefore, 06 Dec to 10 Dec will probably go sideway retracement for short period since the panic sell and profit taking still continue this week, and PROBABLY will continue until next week. A resistance around 23800, if only the trend and break through it and stand still next week, then the trend will have chance to rebounce until 24700, a second resistance for HSI .
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Our suggestion to HSI
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Might seek of chance to buy some dips, but if the trend break through 23300, should leave the market and observe it for a short period, because IF THE SELL PRESSURE IS STRONG, WILL PROBABLY USE BREAKING THE BOTTOM STRATEGIC TO SCARE OUT THE UNSTABLE RETAIL INVESTORS, IN ORDER TO CREATE A CHANCE TO RISE THE TREND.
The breaking bottom strategy will probably break until 23000 if it happened. But we predict it might oscillae around 23750 to 23300 for a while.
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At last, all the prediction above IS MERELY AN OPNION, and probably won't go as we predicted, so please jsut accept all this prediction as a entertainment .
Hope all of you may gain more and more profit in Stock market, good luck
The Ending of an Era - HSIOriginal Chart This is Based Off
2018 update
Original Trade Strategy Around This Chart
Everything should be self explanatory in the chart. Of course - this will work until it doesn't, but since the 1990, the HSI index hitting its upper resistance line has nailed every major global market top within a very short timeframe. You can see how perfect this has timed markets with the correlation to the SPX index in the lower chart. Hypothetically speaking, when you would hit the upper resistance line, you would short emerging markets to hedge against whatever is about to happen. Then when this hits the lower resistance line, you would go long major market indexes until you arrive back at the upper resistance line (SPX, etc).
2022 - End of an Era?
As most can see, this chart is a very very long narrowing wedge / channel. The volatility between drawdowns and rises was far greater the further back you go, and the drawdowns have all been proportionally smaller as we narrow within the channel bouncing off top and bottom resistance (and sometimes in between). With that said, narrowing channels like this indicate increasing fragility of the trend, and potentially suppressed volatility. Eventually, something has to give, and this will break the long term pattern.
I believe we're close to that point, and that's not a good sign for asian markets. I don't know exactly what would happen if this breaks to the downside, but I don't think it would be pretty. Stable systems such as this have a way of becoming extremely chaotic when the stability breaks. Chaotic markets = drawdowns / crashes, and given the current state of Chinese markets and politics, this shouldn't be too surprising that it could be possible. The ongoing Chinese real estate crisis is just getting going, and the party has so far remained committed towards deflating their real estate bubble. Fundamentally, Hong Kong is just as bad if not worse than China from a real estate speculation / valuation perspective, yet there are additional problems in HK with people fleeing the territory due to the Chinese takeover following the 2018 protests. Demographics are strongly against this market, valuations are strongly against this market, and the current economics of this look rather dire without any major positive windows into future development / growth.
From a technical perspective, this is also far weaker than every other time it's hit the bottom resistance line. Note that every other instance we hit the lower resistance line, we also were hitting the lower monthly bollinger band at the same time. Not included within the chart, but momentum indicators also are showing a lot of negative divergences. You can see this from simply looking at the chart and noting the covid recovery bounce has been far weaker than every other post-lower boundary recovery bounce. We didn't even make it up to the middle resistance line before retesting.
My guess and view is that this won't break easily, but it will break dramatically. I think there is a good chance we see another rally here back towards one of the resistance lines, but after that, momentum will have really worn off. I also think we could chop around the lower resistance for a while, but ultimately, we are likely going to break down here on a secular basis. Maybe Kyle Bass will actually be validated after being wrong for 10+ years (except he's probably already been stopped out of all his poorly timed trades)?
HSI1! 2021 Nov 08 WeekHSI1!
HSI1! 2021 Nov 08 Week
Per analysis, market has come to test the rotation area (grey box) and
found 24737 as temporary support, could be a long opportunity
If long, wait for price to come down on low volume and find support.
If market rotates, stay out
If market breaks resistance and turns support = long
If market breaks resistance and closes below resistance, and resisted, will short
Weekly: Average volume down bar closing on low = weakness
Daily: Exit of downtrend line on strong bullish volume.
Tested previous rotation zone, market may be presenting a long opportunity.
H: Friday's market came down on bullish volume, smart money buying as
price comes down.
Entry will be based off the price reaction to these levels
Short on Test and Reject) | Long on Test and Accept
Have a sane trading week for Hang Seng : )
What's up , China ?If we look closely at what the Chinese government have been doing of late, I would say they are indeed doing a great job for the people of China. From clamping down on the 996 working culture , stopping the fan culture online and drastically reducing the amount of tuition for kids........
Living in Singapore, we are not too much different. Parents with kids are also sent to a frenzy when weekends come. They act as chauffeur for their kids, sending them from one enrichment program to another islandwide, hoping to give them a better edge in life.
This article here prompted this Taiwanese entrepreneur to take things in his stride and created an eco-farm where his kids and the public can now enjoy and spend more time with nature rather than the mobile phone or laptop.
The big picture is to ensure the Generation Z and younger would have a life outside of their virtual world, parents who are slogging hard to make money would not feel so stressful each day worrying about their kids' academic results or extra curricular activities. And of course, down the road, I expect more benefits like maternity , paternity leave , cash grants , etc to be dish out to incentivise more couples to have more children.
The notion of "getting older before getting rich" is a concern for the Chinese government and they have to do whatever it takes to turn the situation around. Retirement villages , eldercare services are relatively a new concept in China unlike the US and Europe and it will take some times before we see a change.
And because of the "elitism" mentality, many parents are buying properties near the schools they want to enrol their kids. Government has also move in to rein the red hot booming property market and those properties around the school areas have witnessed a drop in pricing after the clampdown on the private education sector. Read article here
When reading the news daily ,it may appear that there is a BIG CLEAN UP by the government. Many industries have not been spared and I think more sectors will not be spared in the coming months.......
Stocks - HSI Leads DownIdea for Indices:
- HSI is in something like an island top reversal. Was expecting a bounce to 20 DMA, but only seems to be getting 9 DMA and looking on the verge of collapse.
- This "bull flag" that it was in previously resolving in this way is a huge clue... as this pattern exists right now in so many important markets globally.
- China has already popped their bubble and will lead down, liquidity flows will be HSI > NKY > DAX > NDX > SPX. The deflationary wave is coming IMO.
Next leg down for HSI likely 19 or 21k. This may not translate fully to US markets, but at least should see the bottom of the risk range, so NDX 14k for this initial move. 7-15% correction from the top on US markets.
GLHF
- DPT
HSI trend today tipsOh no, HSI trend gap low open again, will the up trend end here??
Quick tips, yesterday the candle end as OVERBOUGHT yellow candle, therefore the retracement today is normal. And the trend has already reached the Fibonacci middle area, so the retracement is predictable.
Therefore, only if the trend did not break through B point, then the trend will up trend again stonger, but if break through B point then rebounce, the uptrend is weak.
Hope this idea may help you.
Prediction for HSI in OctoberGreetings, and good news for you. Now Hang Seng Index has confirmed its W base and has stood above 10 and 20 EMA successfully, the total trade volume increased gradually this few day. If the trend can stand above 50EMA succeessfully, a small bullish will start in this month.
Even thought all investors in Hong Kong has digested the debt crisis of Evergrande (3333) and America Fed cuts debt purchase plan has been delayed until December, they might influence HSI market badly in the future at anytime, probably the end of OCT and in November. We should be careful for these influence too.
But, most of the blue chips stock has been stablelized and start to go uptrend, this week the uptrend probably will continue until it tested the top pressure of 25800. If stand above 25800 successsfully, it is good sign.
Because of the small uptrend has been confirmed, i will no update any information in the future until the down trend start again.
Again, All the prediction above just assumption, and it is not an advise to purchase or sell the share, please be responsible to your own trade behaviour.
Hope all of you may earn more money and be a rich man/woman.
=========Extra Small Plea=========
If you feel this analysis are helpful, may feel free donate to me through Paypal.
Link: www.paypal.com
Hang Seng Index Trending Prediction (04 Oct to 08 OCT)Greetings, one week late for the prediction because of private reason. Financial problem make me really headache, but still i will do my update
For the news of last week, is the total settlement for the Hang Seng Future September, and the new round of Future has started for October.
Evergrande (3333) company has two USD debt are expired to settle, and China has execute Electric Supply Restriction because of not enough power supply for the winter. China government has ordered the State-owned enterprises and financial institutions to purchase the industry of evergrande and prepare for the probably bankrupcy in future. Evergrande still has ONE MONTH Debt grace period to settle the debt crisis.
This week key event will be whether the evergrande will settle the debt crisis or not. Even though lot of the expert predicted that the debt crisis of Evergrande will not influence the financial system in Hong Kong and China, the investors still worry about the event could probably cause the panic sell off or BEAR trend in future.
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Suggestion of HSI market
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Today (04/10) panic sell of is the influence of Power Supply restriction and the fear of Evergrande (3333) debt crisis, however there are resistance at 23800 and pressure at 24500. The trend for this week will Probably Lateral oscillation.
TREND IS UNKNOWN but if there are some bad news again, the trend will probably down trend at any moment
OBSERVATION is NEEDED before you start to purchase.
Since the trend still can stand above 10 EMA, and the MA is still down trend, America Stock market will probably happen a big retracement or a sudden down trend at anytime, HSI market is not optimistic.
New low point has appeared at September, but if the trend break through 23800 and cant stand back above, then it will be one more new low point.
Again, All the prediction above just assumption, and it is not an advise to purchase or sell the share, please be responsible to your own trade behaviour.
Hope all of you may earn more money and be a rich man/woman.
=========Extra Small Plea=========
If you feel this analysis are helpful, may feel free donate to me through Paypal.
Link: www.paypal.com
Trend prediction for 20 to 24 September 2021
Greetings, the HSI trend has reached a new low point 24424 in 2021 years at 17/09/2021. Then it rebounce back and end with 24920. It could be studied as the investors do not want to let the trend break through 24580 and there is a resistance line at there. The trade volume at 17/09/21 is more than any day trade in September. Will it be a chance to rebounce THIRD Time?
Before we talk about the rebounce, there are few news that we should keep in our mind.
Last week, Evergrande (3333) debt crisis event, and also the announcement of Macau government to amend the gambling gaming law, have caused serious impact to Hong Kong Stock market. The trend start to go down trend at 13 September to 16 September. Since the incidents haven't been resolved, the panic of the Hong Kong investors not stable yet.
From chart, we could find out that even the trend keeps go down trend, but the MACD and RSI of three rebounce point are one wave higher than one wave. And each time the trend reached the low point (27/07) (20/08) & (16/09), obvious rebounce will happen. THERE IS A RESISTANCE AT 24580 TO PREVENT THE TREND DROP FURTHER , which means the will of investors do not want the trend go down trend further. However, you will also find out that, EACH TIME OF REBOUNCE, THE RESISTANCE POINT BECOME LOWER EACH TIME. You may study the phenomenon as LOSS OF STRENGTH , even the trade volume is higher than any trade volume in September. But, after a period for investors to examine the news and policy of CHINA government, the market atmosphere will gradually calm down, and restart new investment strategy.
But the trend at 17 September 2021 appears a PIERCING LINE PATTERN, which is a signal about the change of trend or bottom signal. If the trend can stand back above 25000 and end with red candle on next Monday or Tuesday (20 - 21Spetember), the trend can be confirmed to turn uptrend and start a new rebounce again. If not, then it might break through the 24580 and find a new low point again.
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Suggestion for the HSI market
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Since the trend is unknown, OBSERVE THE TREND FOR NEXT MONDAY AND TUESDAY and wait until it has confirmed its trend change to uptrend. If not, consider the down trend will keeps continue.
Keep in mind that the entire trend of HSI is high first and low. If this trend analysis does not change in the future, it means that more lower point will appear in September.
Again, All the prediction above just assumption, and it is not an advise to purchase or sell the share, please be responsible to your own trade behaviour.
Hope all of you may earn more money and be a rich man/woman.
==============New update============
Hang Seng Future (Night) + ADR for 20 September 2021
Closed price = 24784
Advise =Next Monday (20/09) HSI maybe will low open at 24784, but it might be changed on next Monday again.
HSI UpdateIndicators are neutral but with the way the Chinese govt has been hammering businesses and coming up with new regs every weekend, I think it's probably gonna cycle to a new low instead of getting a bounce Monday.
Could go either way, no way to predict the Chinese govt. Short again when MFI gets overbought though, this isn't going to set a new high in the next decade, lol
HSI1! 2021 Sep 13 WeekHSI1!
HSI1! 2021 Sep 13 Week
Last week's preference to keep to long last week was fruitful.
Weekly: Up bar close below 50% of bar = weakness
and a third off the high = weakness.
Daily: Price is attempting to test recent high in the red zone, nothing meaningful yet on
daily chart.
H3: Market moving up, but shortening of thrust. Effort no result = weakness
Long will be at the channel's demand line or when price is
marked down to test previous UHV wide spread bars.
Strategy for Short (Test and Reject)
Strategy for Long (Test and Support)
Entry will be based off the price reaction to these levels:
Have a sane trading week for Hang Seng : )