HSI1! trade ideas
Vaccine News - HSI Futures up 600 pointsVaccine news from Pfizer (PFE) and BioNTech (BNTX) seems to have cause another sector rotation from "Covid" proof stay at home (Look at PTON) stocks to the more cyclical stocks (Think airlines, banks, etc...). The HSI futures are also up 600 points which indicates that we will be seeing another green day tomorrow for the HK markets. Pay special attention to real estate, bank, and stocks that are especially affected by Covid. If you are feeling frisky, feel free to short the big tech stocks!
Views are my own, ideas are meant for discussion and educational purposes only. Please make your own investment/trading decisions!
2020.11.09(HSI.PM))If the bullish as fast as breakthrough 26060.i will buy it when it little come back.
on the contrary,fail to break 26060,short again above 26060,target below 26000.
But,in my stand,the HSI close in 26169 in afternoon.
2020.11.06(HSI.PM)If the index cant not pull back to 25684,I will take the path 2 in my trading plan.
so sell limit 25686,tp 25570 sl 25750
on the contrary,if have stronger power through 25628,i will cancel the sell limit,and buy it to 25777 from 25671
2020.11.04the frist idea publish for "private idea" by mistake.
the next chance may the "cross line".
upgrade in afternoon.
HSI almost overboughtAppears the Asians and EUros turned the algos back on we're back to the Mon/Tues/Wed pump and probably a down day Thu as everything gets overbought.
Not gonna chase the market tomorrow, will wait until Wed afternoon or Thu morning for a short opportunity.
Biden vs TrumpLittle does it matter. Long term policies of USA won't change whoever wins meanwhile markets will continue to do their own thing.
There has been accumulation happening for last 2 months which should see HSI rally towards 26k post elections with Ant's ipo carrying it higher still from there.
Euphoria won't last for very Long as the market movers will use these 2 events to distribute whatever is left from 2 years of distribution. 2021 may see the bubble burst and all hell breaks loose but we will worry about that when the time comes.
Friday's afternoon selloff was a shakeout below which SL can be placed.
P.S. Trump will win.
HANGSENG INDEXTVC:HSI
Hangseng index will go to make 1st wave and mostly a Elliot Wave identification was formed after huge correction happened since black march 2020.
HSI (HK33HKD; Oanda) In 2nd ellipse.Moving according to plan from Sept 13. Ready to short using your own entry method.
Link to previous plan below at 'Related Ideas'.
HSI UpdateI guess I should have noticed this Friday.... Hang Seng futures actually went oversold.... explains the pump we're seeing.
RSI now overbought and it's quite the pump so not sure if we see any follow through Monday night. Will re-evaluate the situation tomorrow, but for now I'm long on AAPL.
HSI OverboughtHang Seng FUtures overbought on 3 and 4 hr charts.
When will this strange global pump end....
