HSI HSI is trading range bound between 24800 - 25250 for few days since last week.
The immediate level to test is at 25300 this week.
Key level to watch as follows:-
26050
25500
25300 - key resistance for this week
25180 - key support for this week
24700 - 24800 - key support for this week
23900
23300
22500 -23000 psychological support level if this break it's gonna continue its fear selling panic.
From W Chart:
GravityTrendLine (GTL): 25300
MACD : formed a GoldenCross below zero level.
KDJ : this confirmed the reversal where it changed to bullish (green) zone since 13Jul26
CCI :showing its bottom and oversold completed on 29Jun26.
RSI : showing bullish staying above 50.
From D chart
Price hovering above GTL : 24589 since 16Jul26.
It has trading above GTL & there is opportunity for uptrend toward upper band +10% at 27050.
200MA the immediate resistance to test at 25760.
Anticipate it should be able to surpass this level.
MACD : formed a GoldenCross below zero level which it’s reversal sign on 3Jul it bottomed at 22500 and it confirmed the reversal which changed to bullish zone for KDJ indicator since 30Jun.
4H
GTL : 24400 (Key level to look at for short term this few days)
200MA : 25182
MACD : above zero level and on sideways
KDJ : moving within tight range of red & green zone interval which very align on the sideways trend.
CCI : staying above 0 level, and same movement pattern as KDJ.
Stick to your plan, manage your risk. Be patience.
The markets will channel profit towards your efforts and energy.
Feel free to save and use the GTL indicator as reference and play around with other instruments.
Same analysis applies on other CFD on Hang Seng Index.
Happy Trading!
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, alım satım veya diğer türden tavsiye veya öneriler anlamına gelmez ve teşkil etmez. Kullanım Koşulları bölümünde daha fazlasını okuyun.