HSI weekly prediction - for self learning and record onlyrounding top pattern forming but yet to fill top shape. Aiming 25000 next week. Longby Marcus_Sim0
HSI breakout: 21377 price targetHSI has broken out of the descending daily trend line, and also found support at the 200. day EMA. With a potential bottom having formed, the first price target for the coming move up would be 21377 which price previously rejected twice from. Beyond that, price can target 22686, then 25048 which is the top of the golden pocket, being the 0.65 retracement of the entire move down from ATHs.Longby andrewyu02Updated 4
HANG SENG This rally isn't over yet.Hang Seng (HSI1!) has been trading within a Bullish Megaphone for the past 13 months and since the 1D MA200 (orange trend-line) rebound on January 13 2025, it is unfolding the new Bullish Leg. The previous two both went on to price a Higher High on the 3.0 Fibonacci extension. If this holds on this sequence too, then we are looking for a 27,500 Target price as the new top of the Bullish Megaphone. Notice also how a 1W Bullish Cross always comes to confirm the new Bullish Leg shortly after the bottom is priced. ------------------------------------------------------------------------------- ** Please LIKE ๐, FOLLOW โ , SHARE ๐ and COMMENT โ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- ๐ธ๐ธ๐ธ๐ธ๐ธ๐ธ ๐ ๐ ๐ ๐ ๐ ๐Longby TradingShot10
Hang Seng Weekly Time Frame Hang Seng Index Futures (HSI1!) - Weekly Chart Analysis (Feb 17, 2025) 1. Trend Analysis The chart suggests that HSI is in a long-term upward channel, respecting both upper and lower trendlines. The index recently rebounded from the lower trendline, indicating a strong support level holding. A potential uptrend continuation is forming, aiming for higher resistance levels. 2. Key Levels Support: The lower boundary of the upward channel (approx. 17,500 - 18,000). Resistance: The horizontal zone around 25,000 - 27,500, which has historically acted as a key resistance level. Major Trendline: If price action remains above this trendline, the bullish momentum could continue toward 30,000+. 3. RSI Indicator The Relative Strength Index (RSI) is at 68.62, close to the overbought zone. Historically, RSI reaching this level has often preceded corrections, suggesting a possible pullback before further upside. However, RSI remains in a bullish structure, supporting a longer-term uptrend. 4. Potential Scenarios ๐ Bearish Scenario (Pullback First): If resistance at 25,000 - 27,500 holds, a pullback toward 20,000 - 21,000 could happen. A deeper retracement might test the trendline support near 18,000 before resuming an uptrend. ๐ Bullish Scenario (Breakout to New Highs): If price breaks and holds above 27,500, we could see a continuation toward 30,000 and potentially the upper channel limit at 32,500. Any successful retest of previous resistance as support would confirm further upside momentum. Conclusion Mid to long-term trend remains bullish as long as the price stays above the trendline. Short-term pullback possible due to RSI nearing overbought conditions. Key breakout zone: Watch 25,000 - 27,500 for direction confirmation.Longby Forexbeats2
Hang Seng - Stimulus package still lingering to the upside?Hi guys , next we would look into the Hang Seng. With the Stimulus package made in the Chinese economy we saw a very big boost into the price of the Hang Seng, of which afterwards we saw a decent correction to the current level, I believe from this point forward we would formulate an an ascending channel and push towards the higher level, maybe not the strong Resistance Level, but around the level which I wrote down on the chart. Entry : 19,740 Target : 20,621 I have entered with 250 contracts. As always my friends happy trading! P.S. If you have questions or inquiries about one of my existing set-ups or personal questions / 1 on 1 sessions consider joining my channel so you can follow up with me in private!Longby DG55CapitalUpdated 5
Rising Wedge Break Puts January Lows on RadarHang Seng futures have broken out of the rising wedge formed since early January, leaving them vulnerable to downside. Bulls stepped in ahead of the 50DMA earlier today, paring losses, but price action into the close could be key in determining near-term direction. Momentum signals are mixedโRSI (14) has broken its uptrend, but MACD has yet to confirm. A slide into the close could open the door for shorts targeting a retest of the January swing low, with the 50DMA and minor support at 19,430 found in between. A stop above Mondayโs high would provide protection. Good luck! DS Shortby FOREXcom6
Chinese Stocks Poised for TakeoffThe HSI broke above the 200 MA and pulled back toward the 50 MA, which is acting as strong supportโsimilar to what we saw in 2017. The relationship with China's 10-year bond yield is remarkable. In 2017, when the CN10Y reached its bottom, the HSI touched the 50 MA, and a bull run followed. The same pattern seems to be unfolding now Disclaimer: This is not financial advice. Always conduct your own research and consult a financial advisor before making investment decisions.Longby MarketPax7
$HSI/China clear long bullish play here$HS_F Bullish china trade here, can basically go long on anything china related imo, should be good :)Longby Bearish-Bulls2
Bullish Breakout Incoming๐บ Key Levels and Setup Falling Wedge Break: HSI consistently pulls back after breaking the wedge. Demand Zone Strength: When the zone strengthens, it confirms the bottom. Red Cloud Breakout: A close above the red cloud signals a rally toward 26K. ๐ Technical Confirmation ๐ Daily Chart: The TVC:HSI on the 1-day chart mirrors the previous cycle, where: 1๏ธโฃ It broke out of a falling wedge. 2๏ธโฃ Surpassed the 50-day moving average before dropping back below. 3๏ธโฃ The final candle before the rally was a bullish engulfing patternโjust like now! ๐ 4-Hour Chart: Five bullish reversal indicators align: RSI, CCI, OBV, VWMACD, and CMF. With this strong confirmation, I can confidently state that the HSI has bottomed out and is heading toward 23K in the short term. ๐ Prediction Chinese stocks are flashing bullish signs. Once HSI clears the red cloud, expect sharp upward momentum toward 23K and eventually 26K. The breakout is imminent โ get ready for the surge! Disclaimer: This is not financial advice. Always conduct your own research and consult a financial advisor before making investment decisions.Longby MarketPax1
$HSI turning 3M chart MACD flipIt is time folks! They held china down too long, starting into my NYSE:BABA calls, leaps of course. See you on the other side :)Longby SlymeS1
HSI might break out from triangleSee if HSI can break out from the yellow zone after today's close, if so Dec will be a nice month. Together with some potential policies coming our from CCP's confrences.Longby snakemarket23Updated 113
HSI Bull caseSince early 90s HSI entered a multi decade long trend that lasted till 22', when it fell 49%. Subsequently the market has consolidated at 38.2% of the multi-decade rise. A frequently seen 61.8% retracement from the peak. The play here was to wait for the Chinese market to consolidate in this region ,build momentum and retest the prevailing trend. More info is needed to precisely understand which step in the consolidation to breakout movement we are in. A divergence in the PVTOsc and a break into its positive value shows that we are close. A support on the blue downward trendline is what we are now looking for , as a last indicator for the next leg up retesting or potentially breaking in the prevailing trend. In terms of sizing a position, anything below the blue trendline, especially below purple horizontal should be viewed as a ball underwater. Longby erotokritosrotsas0
Heng Seng seeks rally from 61.8% fib level (7th time this year)This is purely observational, but today I noticed that Hang Seng futures have risen from a 61.8% Fibonacci level six times this year. And as the rallies have landed anywhere between 6.5% to nearly 50%, it is worth noting that it is trying to rally from it a seventh. A 3-day bullish reversal pattern formed on Monday (morning star formation) and the daily RSI (2) was oversold on Friday. Bulls could seek dis back towards the 61.8% in anticipation of a leg higher to 20k or 20.5k over the near term. MSLongby CityIndex1
Hang Seng heaviness opens door to downside flush Hang Seng futures look heavy. Fridayโs bearish engulfing candle has been followed by two consecutive declines, leaving the price teetering just above horizontal support at 20280. With RSI (14) and MACD providing bearish signals on momentum, the inclination is to sell rallies in the near-term. It may also see a potential break of 20280 stick where so many other attempts have failed recently. If we were to see futures break (and preferably close) below 20280, you could sell with a stop above the level for protection. The May 20 high of 19772 would be the initial trade target, especially with the 50-day moving average located just below. If that level were to be broken, it opens the door to a potential deeper flush to 18500 with only minor support at 18945 located in between. Good luck! DS Short01:36by FOREXcom6
HANG SENG Patience until December for a long term buy.Hang Seng (HSI1!) made a massive bullish break-out in September as it broke above the February 2021 Lower Highs trend-line, effectively ending its Bear Cycle. This month (October) saw it getting rejected not just on the 1M MA200 (orange trend-line) but also on its 0.618 Fibonacci retracement level. This is a key rejection as in almost 30 years, every time the price got rejected on the 0.618 Fib, it recovered on the 3rd (1M) candle after. As a result, December will give a buy signal based on this historic price action, so have patience and take a multi-month buy then. In most of those cases, the index rebounded to the previous High, so our Target will be 30975. Notice also that the 1M MACD is rising off a Bullish Cross. When formed below the 0.0 mark, this has also been a massive buy signal. ------------------------------------------------------------------------------- ** Please LIKE ๐, FOLLOW โ , SHARE ๐ and COMMENT โ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- ๐ธ๐ธ๐ธ๐ธ๐ธ๐ธ ๐ ๐ ๐ ๐ ๐ ๐by TradingShot8
Mag 7 Earnings - Something will Break (Ceiling or Floor?)797 stocks reporting earnings next week Notables include GOOGL LLY CAT META MSFT COIN AMZN AAPL XOM CVX MA V $15 trillion in market cap at play as the US markets are still very close to all-time highs with a melty-uppy vibe. I'm cautiously bullish and could certainly see the highs get blown off with strong earnings momentum dominating the sentiment. I could also see Mag 7 disappoint investors with "not enough growth" and any pullbacks on Mag 7 will certain drag on the entire market. Survive next week, then it's onto the US Election, FED, Non-Farm Payroll. No big deal, it's just trading :) Thanks for watching!!!18:01by ChrisPulver1
Hang Seng IndexMade an oath of silence on Twitter but I wanted to save this chart for myself to review in a couple years.Shortby FomoFutures446
Hong Kong Bull market - will this time be different ?While waiting for the mass mainlanders to come back and shore up the market even higher, I am taking a back seat to further analyse the HSI chart so that my enthusiasm/passion/greed does not get over me. We can see from chart that in Oct 2022, there was the first bull run which rally for 56% before tumbling down for a good two years. Then, in Jan 2024, investors were beaming with hope once more when it rally for 34% but it was too short lived. It went down for the next 3 months. Now, this is the 3rd bull market ,never mind the volume is much much higher than the first 2. The more important question is will it be sustainable? This is my 2cents from reading , analysing the various English and Chinese media, articles and talking to investors. I have said before , the property market is the biggest investment for the common folks, rich or middle income in China. It has always been the go to asset for wealth creation and accumulation for generations. It constitutes close to 30% of its GDP. Despite the bankruptcy of many listed property developers, over supplies of houses , aging population, low fertility, low youth employment rate, increasing unsatisfaction with the government policies, ongoing scams, etc , I believe the CCP will be cracking their heads every night to resolve this problem. They cannot allow the problem to fester and already in a deflationary environment, the worst is to follow the shoes of Japan where it went to a dark period of 3 decades of zombies.............. It is said that people are not willing to spend money in China, be it food, travel, luxury goods, stock market or buying houses. So these slew of QE stimulus , rescue package (never mind the term used) is really to target the property sector MORE than the stock market, imo. The default rates of people not able to pay off their current mortgage is increasing. There are now more properties being foreclosed and put up for auction. These are not properties seized by banks when companies become bankrupt as we often watched in movies but the common folks who no longer can service their monthly payment. And worse, these auction properties are adding on to the supplies woes of the property market. Of course, there would always be a group of people who are happy with the ultra low mortgage rate, low downpayment, etc and buy the properties. But on a scale like China, we nee to talk numbers, volume and that is not happening and that keeps the government awake at night ! What else is happening ? On the chinese social media, we are seeing an increase of legal and illegal lenders peddling for sales ? They are selling loans to these group of people enticing with low rates by the banks/"related services to banks". By injecting money into the stock market via lending money to the companies who pledge their company shares with the government and do shares buyback, this makes the largest shareholders happy, CEO happy and naturally push up the share price , making the retail and institutional players happy. Win win win for all. Rightfully, like US and Japan, when people feel rich from making "easy money" off the stock market, they would spend more - on food, entertainment, travel, etc. This confidence spike is what the government wants and thus the timing cannot be better , launching the bazooka right after the Fed cut rates. Now, the curtain is raised and the global audience are watching and the government must continue to unleash its round 2, 3, 4,etc stimulus to further stoke up the market. Yes, it would send its deficit up the roof which it already has, but they do not have another better option. Letting the market falls further, letting the property prices to keep on going down, more developers closing shop , creating a vicious cycle of pessimism and low confidence is very dangerous for the government. Soon, we will have the October Politburo meeting which I believe they will take this opportunity to unleash more good news. When that happens, we can expect the stock market to rally even further, creating the cycle of hope, optimism and spending the government wants..............Longby dchua19690
What now after the rally ?Oh come on, just because you are enjoying the party does not mean the DJ is to continue spin the music and prop it up, ya ? He too needs a break before continuing the part 2 of the party. So we can see from the chart that it has reached a resistance point , same as Jan 2023 and given the fierce rally over the last 1 week or so, it deserves a pull back. Not forgetting there are many who had been holding to their paper losses for the last few years may want to get out of the market , break even , make a small profit and thus there are selling here, which is expected. To me, this pullback is another opportunity to accumulate the shares of the amazing company that I am already vested or would like to get my foot in after doing the research. The retracement to 20,104 is more unlikely imo, just a hunch , could be very wrong as this bull run is an unusual one. We have one more day before the mainlanders return to the market and looking at how the system crashed in the securities firm from opening of new accounts for new investors, it is a sign that the weak hands are entering the market. So, I am studying the market and observing the trend first before taking action. No hurry......... Please DYODDLongby dchua19691
HSI is going to the moon , maybe ?Rising tide move all boats , so we can see the much awaited news of China government releasing trillions of money into the housing market and encouraging banks to lend out even more money by cutting the reserve requirement ratio by 50 basis points. It was euphoric yesterday with HSI rallying more than 4% and all tech shares going up to the moon, much to the delight of many who had hang their heads down for years to look for light at the end of the tunnel. As usual, some analysts said it is still insufficient while others feel this could be a good catalyst for more promising stimulus to come. The important thing is HSI is now out of the bear market zone (20% from the low in Jan 2024). It went above the yellow line in August recently only to fall back again but this time it looks REAL as we have more than 1 week of strong green candles. I will not be adding at this juncture as this parabolic move is likely to cause the price action to consolidate around 19063 to current price before we see it push above the resistance level at 19735 and heads higher in the month of Oct/November when FED cut rates further. FOMO, there will be a group of people who wants to scalp the market for short gains and flood the social media with all kinds of news to push the price higher. If you are not prepared to hold the shares for long, then it is not wise to chase the price up. Wait for pull back , be patient....by dchua19693
HANG SENG Strong sell opportunity on recurring fractal.Hang Seng (HSI1!) closed below the 1D MA200 (orange trend-line) yesterday for the first time in a month and confirmed the rejection of August 30. That was a Lower High within the established Channel Down pattern that started on the May 20 High. This Channel Down is so far following a similar structure with the one that covered the entirety of 2023. The August 30 rejection was in fact also done on the 0.5 Fibonacci retracement level after a -17.30% decline. If this sequence of events continue to follow the April 17 2023 rejection, we should be expecting the new Lower Low to be formed on the -0.236 Fibonacci extension. Our Target is exactly on that level at 15700. ------------------------------------------------------------------------------- ** Please LIKE ๐, FOLLOW โ , SHARE ๐ and COMMENT โ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- ๐ธ๐ธ๐ธ๐ธ๐ธ๐ธ ๐ ๐ ๐ ๐ ๐ ๐Shortby TradingShot228
Hang Seng Index - are we out of the woods yet ?From the weekly chart, we can see we are still in a downtrend channel though the price has reached the upper channel. Will it breaks out and rally higher or ripe for another shorting opportunity ? The property market continues to register a downtrend despite numerous measures that the government has introduced. China is now the highest savings rate in the world and the government is doing what it can to boost spending - short of issuing vouchers ! Retail sales is not encouraging from the recent figures and the negative performance from Commerce giant like Alibaba. Will September be a game changer when US starts to cut interest rates ? Is it possible for smart money to move some of their funds to Asia, especially China ? by dchua19691
HANG SENG Sell Signal on the 1D MA200.Hang Seng (HSI1!) has been trading within a Channel Down pattern and since the start of this week, it's sideways around the 1D MA200 (orange trend-line). As long as the 1D MA50 (blue trend-line) remains intact, we continue to be bearish within this pattern, targeting 16000 next (Support 1), expecting this to be the start of the new Bearish Leg. ------------------------------------------------------------------------------- ** Please LIKE ๐, FOLLOW โ , SHARE ๐ and COMMENT โ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- ๐ธ๐ธ๐ธ๐ธ๐ธ๐ธ ๐ ๐ ๐ ๐ ๐ ๐Shortby TradingShot5