Hong Kong Stock Index (Waiting for the new drama)View On Hong Kong Stock Index (HSI) (27 Mar 2019)
Similar to our DAX analysis. The global market rally has met some serious resistant region.
SO, we must say the strong trending period that we saw in last Jan may possibly over for now.
Adjust your expectation and get ready for boring periods.
HSI index shall play range bound with 27,680 and 29,000 regions. be safe.
DYODD, all the best and read the disclaimer too.
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Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Hang Seng HSI
Proceed with CautionHSI closed in a strong support region.
Fourth wave expanded flat is the preferred count as the selloff seems to hv good momentum but caution is required. Under this count, HSI will make a new low below 28000 and then rally towards 30000. ALT. Triangle.
28600-29000 area has seen very heavy volume traded recently. Expect the prices to hover in and around this area for some time.
Selling rallies with SL 29280 is the plan for now. Will update if things change.
Hangseng correction. Expanded flat or a Triangle?Hangseng appears to be in wave iv correction with A and B waves both unfolding in 3 waves. Wave C is currently under way.
In case of an expanded flat, it will break below 28000. Target area is 27800-600.
In case of a Triangle, wave C should end around 28550-600 area.
Once completed, wave v should advance to 30000-30300 area.
HONG KONG Stock Index (Upside?)View On Hong Kong Stock Index (HSI) (13 Mar 2019)
It may use 28,000 regions as good support.
I still see potential upside for now.
It shall revisit 29,150 resistant again.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Hong Kong Stock Index (Bears are in) View On Hong Kong Stock Index (HSI) (8 Mar 2019)
We had a good run and it had hit TP4 some time back.
We had a strong sell for the past 2 days and it shall continue to do so.
We are expecting it can slide down to 28,000 first. Be careful with the LONG side for now.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Hong Kong Stock Index (The Bullish momentum has slowed)View On Hong Kong Stock Index (HSI) (5 Mar 2019)
We had a good run and it had hit TP4 some time back.
Recently we were in a sideway mood and yesterday candle was an interesting one.
It has a decent bearish tone in it and hints on the upcoming bear momentum.
We are expecting it can slide down to 28,360 FIRST as a quick slide down.
At the same time, do keep in mind that we are still in strong BULL trend in medium tend. (1 to 3 months time). So this sell/pull back idea can get back fired too.
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Hong Kong Stock Index (HSI) *+2,000 pts TP4 level is hitView On Hong Kong Stock Index ( HSI ) (23 Feb 2019)
We have been on the bullish side of Hong King index since early January and now HSI has hit the TP4 level.
Another tougher level will be 30,970. There will be up/down swing along the way but we are in the overall bull trend.
If there is any new development, we will inform you.
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Our Analysis
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LONG (entry is valid as long as the price is above 24,200)
SL 24,080
TP1 26,790 (Already Hit)
TP2 27,660 (Already Hit)
TP3 28,295 (Already Hit)
TP4 30,970
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you.
Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
HSI approaching resistance, potential drop! HSI is approaching our first resistance at 29106 (50% fibonacci retracement, 161% fibonacci extension, horizontal overlap resistance) and a strong drop might occur pushing price down to our major support at 27240 (38.2% fibonacci retracement, horizontal pullback support).
Stochastic (89, 5, 3) is also approaching resistance and we might see a corresponding drop in price should it react off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
Hong Kong Stock Index (HSI) (Bulls are still in control)View On Hong Kong Stock Index (HSI) (19 Feb 2019)
We have been bullish on HSI since the last December and the market has been hitting our taking profit levels (TPs) one after another.
Go see our previous write-ups for more info.
As of now, 28,470 to 28,530 was acting as temp resistant regions for now and the PA is trying hard to break it up.
Sooner or later it should be able to break the barrier up to move toward 28,750 (TP4) region. Let's see.
There may be decent pullback along the way as well. So be prepared.
Let's see.
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Our Analysis
-------------
LONG (entry is valid as long as the price is above 24,200)
SL 24,080
TP1 26,790 (Already Hit)
TP2 27,660 (Already Hit)
TP3 28,295 (Already Hit)
TP4 28,750
TP5 30,970
DYODD, all the best and read the disclaimer too.
Feel Free to "Follow", press "LIKE" "Comment".
Thank You!
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Hang Seng index approaching resistance, potential drop!Hang Seng index is approaching our first resistance at 29020.9 (horizontal overlap resistance, 61.8%& 50% Fibonacci retracement ) where a strong drop might occur below this level pushing price down to our major support at 26261.1 (61.8% Fibonacci retracement 100% Fibonacci extension )
Stochastic (55,5,3) is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
HSI approaching resistance, potential drop! HSI is approaching our first resistance at 28234 (38.2% fibonacci retracemen, 100%, 61.8% fibonacci extension, horizontal swing high resistance) and a strong drop might occur pushing price down to our major support at 26508 (50% fibonacci retracement).
Stochastic (89, 5, 3) is also approaching resistance and we might see a corresponding drop in price should it react off this level.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully understand the risks.
HSI approaching resistance, potential drop! HSI is approaching our first resistance at 28029.9 (horizontal swing high resistance, 61.8% Fibonacci extension, 50% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 26150.5 (horizontal swing low support, 61.8% Fibonacci retracement).
Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price.
HSI approaching resistance, potential drop!HSI is approaching our first resistance at 28057(horizontal swing high resistance, 38.2% Fibonacci retracement , 61.8% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 26592 (50% Fibonacci retracement , 61.8% Fibonacci extension)
Stochastic (34,5,3) is also approaching resistance where we might see a corresponding drop in price.
Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.