HSI1! 2022 MAR 14 Week With the break of 21000, next level to test will be 18XXX region. Weekly: High volume down bar closing at low = weakness Daily: High volume down bar closing at low = weakness H4: Low vol down bar closing at low = weakness Entry will be based off the price reaction to levels Short on Test and Reject) | Long on Test and Accept Have...
HSI1! 2022 MAR 07 Week Lat week market broke 22389 support and headeed to 2000's high volume region. Should 21000 support be broken, it may see 18000 region Weekly: Ave vol down bar closing at low = weakness Daily: Ave vol down bar closing at low = weakness H4: Average vol down bar closing off low = some demand Entry will be based off the price reaction to...
HSI1! 2022 FEB 28 Week Short preference last week proved very fruitful. The spring over the last daily bar shows rejection of lower prices and demand overcoming supply (D/S). Scenarios: 1) Long on dip opportunity in the 22389-23000 region as temporary strength returns 2) Should Support 22389 fail, short opportunity on test of break down area to next...
HSI1! 2022 FEB 21 Week Again at 24140 support if this is a formation of a new zone 25244 - 23304, would exoect market to test 23304 As such preference will be to short on retracement, and also at the failure of 24140 support. Weekly: Average volume down bar closing at low (also appearing like reversal bars) = weakness Daily: Average volume down bar closing...
HSI1! 2022 FEB 14 Week Market tested again previous supply area. - No higher high was made - No commitment as market nears recent high. Temporary weakness expected for long opportunity on retracement. Weekly: Average volume up bar closing off high = weakness Daily: Average volume down bar closing on low = weakness H4: Temporary weakness Entry will be...
HSI1! 2022 FEB 07 Week Temporary weakness expected as market is resisted at 24600. Preference is to long on retracement. Weekly: Very Low Volume up bar closing near high = weakness Daily: Very low volume up bar closing near high = weakness H4: Temporary weakness Entry will be based off the price reaction to these levels Short on Test and Reject) | Long...
HSI1! 2022 JAN 24 Week Last week scenario2 played out as price pull back below 24391 to test supply before uptrend continuation. Market may return to test breakout area Long on pullback preferred. Weekly: Average volume Up bar closing off high = Weakness Daily: Average volume Upthrust bar = weakness. H4: Price came down on reduced volume = No supply Entry...
HSI1! 2022 JAN 17 Week Last week scenario 1 played out - HS exited trend line, breakout was tested and now price is at a previous supply zone. (24391 and HTF brown dashed trend line) Possible scenarios are mapped out 1) Break of 24391 and resistance becomes support 2) Pullback below 24391 to test for supply before continuing on the uptrend 3) Do note the...
HSI1! 2022 JAN 10 Week If breakout of 23695 and is supported, this may signify change in trend. Possibility of demand returning as price has been peeling away from the lower trend line (black). Fresh trend line (brown) scenarios will be 1) bounce from trend line and breaking upward and supported by 23695 could lead to change in trend. 2) Oversold and market...
HSI1! 2022 JAN 03 Week Trade remains guided by trendline. If breakout of 23695 and is supported, this may signify change in trend. Daily: Downtrend. Price bar closed off high = supply is present. H4: Ranging between 22964 - 26395. Last bar Upthrust bar shows supply is present. Price may test 23160 - 22964 in the short term. Entry will be based off the price...
HSI1! 2021 Dec 20 Week Trade remains guided by trendline. Short preference still in place to short on test of previous higher levels or at top of channel line at lower TF Weekly: Downtrend still. Weakness remains Daily: Downtrend, current market has no desire for higher price. Entry will be based off the price reaction to these levels Short on Test and...
HKEX:HSI1! HSI1! 2021 Dec 06 Week Trade remains guided by trendline. Market trading in a 500pt rotation, will it be accumulation or a pause? If long, wait for price to come down on low volume and find support. If market rotates, stay out If market breaks resistance and turns support = long If market breaks resistance and closes below it, will short when...
HSI1! 2021 Nov 29 Week This week's trade plan will still be guided by the trendline. If long, wait for price to come down on low volume and find support. If market rotates, stay out If market breaks resistance and turns support = long If market breaks resistance and closes below it, will short when resisted. Weekly: Average volume down bar closing near low...
HSI1! 2021 Nov 22 Week Market again tested 247XX. It was not ready to go up . Trade will be guided by the trend line and will only long if market exits trend line and is supported. If long, wait for price to come down on low volume and find support. If market rotates, stay out If market breaks resistance and turns support = long If market breaks resistance...
HSI1! HSI1! 2021 Nov 15 Week Market took out temporary support 24737 before making a recovery. 24737 again provided a long opportunity. Market should next be trying for 26000 which is the upper end of the rotation zone. If long, wait for price to come down on low volume and find support. If market rotates, stay out If market breaks resistance and turns...
HSI1! HSI1! 2021 Nov 01 Week Market was resisted at 26227 and theme of the week was short. No sign of strength yet. Probably may test previous rotation (grey area). If long, wait for price to come down on low volume and find support. If market rotates, stay out If market breaks resistance and turns support = long If market breaks resistance and closes...
HSI1! HSI1! 2021 Oct 25 Week Weakness as price approached previous resistances. If long, wait for price to come down on low volume and find support. If market rotates, stay out If market breaks resistance and turns support = long If market breaks resistance and closes below resistance, and resisted, will short Weekly: Average volume wide spread up bar...
HSI1! HSI1! HK33HKD 2021 Oct 11 Week Weekly: Wide spread up bar closing at high, volume is low = no demand. Weakness TBC Daily: High volume up bar closing on high = Strength. H3: Narrow spread as price approached top of range. Could be trapping longs if rotation is not over yet. Entry will be based off the price reaction to these levels Short on Test and...