Hello everyone!
Today HK50
HK50 D open at 25350, Hi:25446 Lo:25164
IMO: Deep retracement is happening with profit taking from futures expiring tomorrow for traders & waiting for catalysts for talks next week.
For 4H - Index moving closer to Gravity Trend Line - look out for entry for swing (using shorter tf to entry).
At point of writing ✍️: the HK50 $PEPPERSTONE uptrend mode is on track and now in the retracing mode.
currently on D Chart -
🗝️ Resistance Level : 25300
Support Level : 24950
Support level 24558 (MA30)
🗝️ Strong Support Level : 24048 (Gravity Trend Line)
1H Chart HK50 $PEPPERSTONE
If today not able to close 25304 (25335 HSI), it's likely a deep retracement.
Shor term pullback -for swing trade and for mid-longer term it's still on bull track. Most likely people profit taking before the HSI futures expires tomorrow.
Macro view - Index continue to be Bullish. Well, markets cooled a bit waiting for details from the ongoing US-China trade talks early August'25.
Higher Hi🚩point marked in Chart HK50 $PEPPERSTONE
21May2025 -23909
11June2025 -24430
25June2025 -24531
16Jul2025 - 24842
18Jul2025 - 25052
24Jul2025 - 25729
?? ??2025 - 26163 Revised Target
The HSI Index
HSI
At point of writing ✍️ Index is being sucked towards to D GravityLine - 24085; it fall below the sideway box.
If it doesn't close above the key support level this week, the deep retracement is happening.
🧨🧨🧨Pay attention and cautious.
🗝️ Next Resistance Level : 25350
🗝️ Next Support Level : 24900-25200
🗝️ Strong Support Level : 24300-24750
Let's follow your own zentradingstrategy , continue to trade; Observe your emotions as you would the clouds—passing, shifting, never you.— Mindfulness helps you respond, not react, in volatile markets and moments.
Be ease at trading!
** Please Boost 🚀, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea!
Share your trading journey here to encourage the community and friends who pursing the same journey.
Today HK50
HK50 D open at 25350, Hi:25446 Lo:25164IMO: Deep retracement is happening with profit taking from futures expiring tomorrow for traders & waiting for catalysts for talks next week.
For 4H - Index moving closer to Gravity Trend Line - look out for entry for swing (using shorter tf to entry).
At point of writing ✍️: the HK50 $PEPPERSTONE uptrend mode is on track and now in the retracing mode.
currently on D Chart -
🗝️ Resistance Level : 25300
Support Level : 24950
Support level 24558 (MA30)
🗝️ Strong Support Level : 24048 (Gravity Trend Line)
1H Chart HK50 $PEPPERSTONE
If today not able to close 25304 (25335 HSI), it's likely a deep retracement.
Shor term pullback -for swing trade and for mid-longer term it's still on bull track. Most likely people profit taking before the HSI futures expires tomorrow.
Macro view - Index continue to be Bullish. Well, markets cooled a bit waiting for details from the ongoing US-China trade talks early August'25.
Higher Hi🚩point marked in Chart HK50 $PEPPERSTONE
21May2025 -23909
11June2025 -24430
25June2025 -24531
16Jul2025 - 24842
18Jul2025 - 25052
24Jul2025 - 25729
?? ??2025 - 26163 Revised Target
The HSI Index
HSI At point of writing ✍️ Index is being sucked towards to D GravityLine - 24085; it fall below the sideway box.
If it doesn't close above the key support level this week, the deep retracement is happening.
🧨🧨🧨Pay attention and cautious.
🗝️ Next Resistance Level : 25350
🗝️ Next Support Level : 24900-25200
🗝️ Strong Support Level : 24300-24750
Let's follow your own zentradingstrategy , continue to trade; Observe your emotions as you would the clouds—passing, shifting, never you.— Mindfulness helps you respond, not react, in volatile markets and moments.
Be ease at trading!
** Please Boost 🚀, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea!
Share your trading journey here to encourage the community and friends who pursing the same journey.
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.