Trend prediction for 20 to 24 September 2021

Updated

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. [B]Will it be a chance to rebounce THIRD Time?[/B]

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.

Note

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Note

========Sugeestion for HSI market 20/09 (Monday)==========

According to Hang Seng Future (Night) + ADR, the monday opening price probably will be 24784. However, this will be changed before HSI open market at 9:30. Opening price would probably struggle between 24900 to 24600.

Now the trend is struggled above 24580 resistance line. Monday and Tuesday will be an important day to observe how the trend will go. If the trend cant remain above 24580, the down trend will continue downtrend, UNLESS there is some good news to rebounce back.

Need to confirm the turn signal is available, then that is a good timing to buy in HSI. Red candle on Monday will be a good signal but need to stand above 25000.

[B]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.[/B]

Note

==========Further News for Hong Kong==========

1. Lot of banks are preparing for the bankkrupt of Evergrande (3333) company, cause a lot of investor worry about the futurre of Hong Kong market. Market sentiment tends to be pessimistic , and the future of HSI is unknown.

2. The government's regulatory turmoil continues to escalate.

3. Minor Game Time Regulation Act in China is still full of controversy, government will continues to Regulate gaming platforms and relevant game developer and company. (alibaba, tencent....)

Note

=======Extra analysis for HSI today (20/09)======

Today panic sell off to -3.50 and over is based on three reason.

First, is the Evergrande (3333) company debt crisis probably cause bankkrupt in this week.

Second, the real estate and automotive industry has the unsalable and probably will be regulated by China government.

Third, mooncake festival is near and the big dealer behind HSI futures probably will suppress the trend.

Conclusion : The downtrend will probably continue after mooncake festival, this week HSI market will be weak trend.

Note

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Note

=======Conclusion for HSI today (20/09)==========

Greetings, today HSI has a panic sell off and the trend has dropped until -4.20% during morning market. The reason of the panic sell off is because of Evergrande (3333) company debt crisis and the regulation of China government causes the fear of investors. Since today and tomorrow is China holiday, most of the investors want to clear their stock to avoid the possible crisis in future (The possible bankkrupt of Evergrande Company).

Since today end with big drop, tomorrow market has to depend on Hang Seng Future (Night) + ADR. And a big possible will be downtrend again but with a struggle of rebounce. After tomorrow, China government and Hong Kong parliament might probably update their treament method to Evergrande.

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Therefore, tomorrow will be a STRUGGLE OF REBOUNCE, if the rebounce success and stand back above 24580, the downtrend may will be ease down a bit. If not, a new low point will appear again.

If downtrend keeps continue, the possible new low point will reach at 23500 within a week
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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 the middle of September.

[B]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[/B]

=========Extra Small Plea=========
If you feel this analysis are helpful, may feel free donate to me through Paypal.
Since i am still a college student and because of Covid-19, i meet a bit serious financial problem. Hope someone might help me a bit, but wont force anyone to do it, wish everyone has a new day and a good man may get his reward.

Link: paypal.com/paypalme/namelessinvestor?locale.x=en_US

Note

======Nigh news about SPX 500, Nasdaq 100, Dow Jones Index========

America three big index all gap and open low, be aware for the Tuesday (21/09) HSI will low open and panic sell off again.

Note

=============New update============

Hang Seng Future (Night) + ADR for 21 September 2021

Closed price = 23669

Advise =Tuesday (21/09) HSI maybe will gap down and low open at 23669, the bottom resisitance test might be 23000.

Note

=======Conclusion for HSI today (21/09)==========

Greetings, today HSI has a big struggle of rebounce between 24284 to 23771. Eventhough the trend has a rebounce and end with red candle, the total trade volume for HSI market today is less than yesterday (less 1/3), and the rebounce for the trend today is technical postponement, not a successful rebounce.

Technology stock leads the fall (tencent, baba, meituan,xiaomi....), AIA(01299) resisted the falling and the gambling stock, real estate stock of China and Hong Kong have a little rebounce.

Less and less trade volume means that most of the investors feel negative to HSI market.

[B]--------------------------------
Suggestion for HSI market
--------------------------------[/B]
Since a technical postponement happened today, but the trade volume is not enough to push up the trend. Therefore the trend tomorrow will be unknown. HSI trend top resistance will be 24580, bottome resistance will be 23500.

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 the middle of September.

[B]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[/B]

[B]=========Extra Small Plea=========[/B]
If you feel this analysis are helpful, may feel free donate to me through Paypal.
Since i am still a college student and because of Covid-19, i meet a bit serious financial problem. Hope someone might help me a bit, but wont force anyone to do it, wish everyone has a new day and a good man may get his reward.

Link: paypal.com/paypalme/namelessinvestor?locale.x=en_US

Note

==============New update============

Hang Seng Future (Night) + ADR for 22 September 2021

Closed price = 24132

Advise =Next Monday (20/09) HSI maybe will low open at 24132,

Note

today HONG KONG HOLIDAY~

Note

=============New update============

Since Evergrande (3333) company has promised they will settle the debt in time today, the share might have a good rebounce today.

HSI trend would probably high open at 24515

Note

=======Conclusion for HSI today (23/09)==========

Greetings, today HSI has great rebounce because of Evergrande (3333) company promised to settle the debt and America Federal Reserve System Hints that interest rates will be raised next year. Therefore dowjones has a great rebounce. It influences HSI market and cause HSI trend gap high go high, but after that the rise narrow down.

Will the trend keeps going up? After panic sell off and go down trend from 11/09 to 21/09, the rebounce may define as technical postponement, the rising pressure still at 24500. One more clue about HSI market today is that the trade volume is doubled and bigger than yesterday. The big pressure of 10 EMA is still exists.

[B]----------------------------
Suggestion for HSI market tomorrow (24/09)
------------------------------[/B]

The trend will be continued only if the trend may remain above 24500 and reach until 25000, which means break through 10 and 20 EMA again, then the rebounce should be defined as successful rebounce and the rebounce may start again.

But, Thursday (23/09), Friday (24/09) and next Monday (27/09) will be settlement of HSI Future. These three day will be keys that whether the trend will go uptrend again or not.

This week will be an OBSERVATION week, since the uptrend is still not available but may has chance of rebounce.ONLY when the trend stand above 10EMA or break through 25400, then the trend could be considered as UPTREND.

BUT, TOMORROW MIGHT BE HAS A SMALL REBOUNCE AGAIN.

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 the middle of September.

[B]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[/B]

=========Extra Small Plea=========
If you feel this analysis are helpful, may feel free donate to me through Paypal.
Since i am still a college student and because of Covid-19, i meet a bit serious financial problem. Hope someone might help me a bit, but wont force anyone to do it, wish everyone has a new day.

Link: paypal.com/paypalme/namelessinvestor?locale.x=en_US

Note

========Emergency news===========

It is rumored that China requires local governments to prepare for the potential bankruptcy of Evergrande and instructs Evergrande to avoid defaulting on US dollar debt in the short term. It may be understand as China does not want to help Evergrande to resolve the debt crisis, and the Hang Seng Future (Night) + ADR drop from 24649 to 24342 at 20:40pm.

lsking0425

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