chchart

A Guess on HSI (End of Aug and Sept)

Long
TVC:HSI   Hang Seng Index
The market may play between a narrow range these few days e.g. 25300 - 25500, which may be a good chance to go LONG.

It may have a bigger move upward in September once the index breaks the downward trendline.

Stop loss is placed around 25200, the previous low.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.