chchart

chchart

SELL When: - RSI reaches 82 - Touches the RED Line with RSI reaches 70 - Bearish RSI Divergence occurs BUY When: - Touches the GREEN Line with RSI reaches 30 - Bullish RSI Divergence occurs

chchart

The DJI is in a very strong uptrend and on the way to its target level around previous highs. The first target is 25975 and second potential target is 26160. It is estimated to retrace to a lower level after reaching the targets.

chchart

HSI is currently in a very strong uptrend. If it breaks the upper resistance 28350 and 28525, the upper target would be 29000.

chchart Updated 

The Hang Seng Index has been running in the range of 27800 - 29000 since July. Last Friday, we saw a +400 points of strong rebound after hitting a lower low of 27745. The daily turnover has also increase from 70 billion to 100 billion, which may indicate support and potential reversal. From the 1-hour chart, we see that the index has reached the top of the...

chchart Updated 

The Hang Seng Index has been in a downward trend for one month (since 8 June) and currently undergoing a downward channel. The US and China tariff and trade war issue has been affecting market environment as well as investor sentiments for the period. We have finally come to 6 July, the effective date of the US tariff, and we witnessed some heavy rebound in the...