HANG SENG INDEX trading DAILY

DISCLAIMER:
All the charts and analysis provide here is not recommended for trading purpose. Trade at your own risk. I provide knowledge not direction. I hold no liability for your trades and decision. thank's

INDICATOR VALUE
STOCH (14) ↑ 75.52
RSI (14) ↑ 56.84
MACD (9) ↑ 41.57
PAR SAR (9) ↑ 21609
EMA (20) ↑ 22316
EMA (50) ↑ 22457
RANGE 22500 – 22900
Support Resistance
1 22300 23100
2 22100 23350

--------------------------S2 S1 Pivot Point R1 R2
Bullish Neutral Bearish 22515 22604 22723 22812 22931
Fibonacci Retracement Value
0.0% 21485
23.6% 22200
38.2% 22630
50.0% 22978
61.8% 23348
100.0% 24485

if index like this it will be down S2

Hi donny,
Trying to build some long term China interest after latest retracements.
Keep up the good work You seem to be knowledgeable in this area....

ok thanks

* Index is now separated from the pattern of down-channel line (space is limited by
trendline 1 and 2), then generally it mensugestikan trend confirmation.
Since that penetrated the support, it will confirm a negative trend. cue
This will be stronger if the start of this week followed by a break-low
or gap-down pattern again.
* Support the closest possible level to be tested for 20 200's (the lowest point of beginning
September 2009 and end August 2010), so the target is expected to decline
those levels.

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INDICATOR VALUE
STOCH (14) ↓ 46.19
RSI (14) ↓ 30.87
MACD (9) ↓ -146.62
PAR SAR (9) ↓ 22819
EMA (20) ↓ 22090
EMA (50) ↓ 22340
RANGE 20500 – 21000

Support Resistance
1 20200 21250
2 20000 21500

Short Medium Long -----------S2 S1 Pivot Point R1 R2
Bullish Neutral Bearish 20362 20551 20748 20937 21134
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today i see it will be small corection and up for hangseng see that pivot. key point today is 20800-20850 it will be up to 20900 target R1
but if stay below 20700 it will be down 20500 target S1
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INDICATOR VALUE
STOCH (14) ↓ 33.35
RSI (14) ↓ 28.18
MACD (9) ↓ -255.82
PAR SAR (9) ↓ 22729
EMA (20) ↓ 21928
EMA (50) ↓ 22264

RANGE 19900 – 20200
Support Resistance
1 19700 20500
2 19500 20700

Short Medium Long ----------S2 S1 Pivot Point R1 R2
Bearish Bearish Bearish 19743 20067 20290 20614 20837

i think will be bearsih strong for index :
if index stay 20500 it will be up R1 and then down again
so if index stay around 20180 it will be down target S1 until S2



* * The pressure continued until finally penetrate the psychological level of 20000, is
critical level to be considered, especially in today's session. In the midst of a situation
market are more cautious, it is still possible to remain
defense of his bearish signaling that begins since last week.
* Nevertheless, the index also has the opportunity of technical reflection (technical
rebounds) who is assisted by reference to the trendline as shown above, which means that
index has touched the level of support is, but if it remains permeable, then
Bearish trend likely will last longer.
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SYMBOL PRICE CHANGE Date Loc Description Fcst Prev Act
DJIA 11239.77 +429.92 9/8 JPN M2 Money Stock y/y 2.9% 2.9% 2.9%
NASDAQ 2482.52 +124.83 CHN CPI y/y 6.4% 6.4% 6.5%
S& P 500 1172.66 +53.20 CHN Fixed Asset Investment ytd/y 25.5% 25.5% 25.4%
FTSE 5164.92 +95.97 CHN Industrial Production y/y 14.7% 15.1% 14.0%
SHICOM 2526.07 ‐0.75 CHN PPI y/y 7.4% 7.1% 7.5%
KOSPI 1801.35 ‐68.10 CHN Retail Sales y/y 17.7% 17.7% 17.2%
IHSG 3736.66 ‐113.61 JPN Household Confidence 37.6 35.3 37.0
EUR 1.4367 +0.0188 JPN Prelim Machine Tool Orders y/y 53.5% 34.6%
JPY 76.9422 ‐0.8240 US Prelim Nonfarm Productivity q/q ‐0.6% 1.8% ‐0.3%
RP 8559.25 +34.6250 US Prelim Unit Labor Cost q/q 2.1% 0.7% 2.2%
YUAN 6.4309 ‐0.0049 US FOMC Statement ‐‐ ‐‐ ‐‐
NYMEX OIL 81.75 +0.44 US Federal Funds Rate <0.25% <0.25% <0.25%

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INDICATOR VALUE
STOCH (14) ↓ 25.34
RSI (14) ↓ 22.34
MACD (9) ↓ ‐412.23
PAR SAR (9) ↓ 22563
EMA (20) ↓ 21688
EMA (50) ↓ 22152

RANGE 19700 – 20200
Support Resistance
1 19500 20500
2 19300 20700

------S2 S1 Pivot Point R1 R2---
18110 18760 19437 20087 20764
today strong bearish for index
if stay around below 19200-19050 i sinyal down to 18800 target near s1
if stay up sinyal in area 19600-19800 is target up to R1 20087

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Conditions of panic selling that occurred last few days making up loss index
Highest since 4000 over 22 843 points. Penetration of the trendline drawn from the levels
highest since December 2009 (like in the picture), even getting a record low
strengthen long-term transition trend.
* Still, the opportunity for the technical rebound may still occur given the
index fall too quickly and sharply in recent days. if one assumes
yesterday 18 786 low level to a bottom point on the scale Fibonacci retracement, then
index could recover to at least 20,800, although it can take quite a long time.----------------------------------------------------------------------

INDICATOR VALUE
STOCH (14) ↓ 19.63
RSI (14) ↑ 25.96
MACD (9) ↓ -514.52
PAR SAR (9) ↓ 22261
EMA (20) ↓ 21492
EMA (50) ↓ 22053

RANGE 19000 – 19500
Support Resistance
1 18800 19850
2 18500 20000
----------------------------S2 S1 Pivot Point R1 R2
Bearish Bearish Bearish 19168 19397 19703 19932 20238

i think index will be bearsih with small up
if index stay 19800-19900 sinyal up to R1 but
if index stay 19600 it will always down to S1 and target 19200 to s2

* Despite a technical rebound yesterday, but the scale of the market recovery is still relatively
weak when compared to the accumulation of losses over the last six sessions, and this
has not indicated that the market has found the lowest level that is created on
last Tuesday at 18 786 to do the real rebound.
* If the index try to continue her recovery on the assumption that the stochastic and RSI indicators
have signaled an oversold condition, likely to be limited only in the psychological
20000. But when the session is re-depressed prices, if the re-test the low Tuesday
(18 786) then the long-term bearish trend will be undefined.

INDICATOR VALUE
STOCH (14) ↓ 15.74
RSI (14) ↑ 27.00
MACD (9) ↓ -659.95
PAR SAR (9) ↓ 21727
EMA (20) ↓ 21127
EMA (50) ↓ 21855
RANGE 19500 – 20000
Support Resistance
1 19200 20200
2 18900 20550
-----------------------------S2 S1 Pivot Point R1 R2--------
Bearish Bearish Bearish 19244 19393 19629 19777 20014

today will be correction again
if stay sinyal 19500-19400 is down
but if stay area 19700-19750 it will be up to R1

Fibonacci Retracement Value
0.0% 10567
23.6% 15613
38.2% 18735
50.0% 21258
61.8% 23780
100.0% 31948

Last week the index moves in a fairly high level of volatility amid issues
fundamentals are very negative, so index plunged to the bottom level of 18 000. often
time technical rebound action followed by profit taking, this implies the performance index
are still weak.
* The pattern of the rebound will be completely formed when the index is able to move up the psychological
level of 20000, as long as this has not been met, then the index will tend to move sideway,
with the possibility of a low level that still try the test the low level last Tuesday in
18 786 and it is not impossible to get to fib. RETR. (24946-10567) 50% in 17 750 if the low
Tuesday and impenetrable.

INDICATOR VALUE
STOCH (14) ↑ 70.76 have potensi up
RSI (14) ↓ 36.48 still down
MACD (9) ↑ ‐636.27
PAR SAR (9) ↓ 21275
EMA (20) ↓ 20947
EMA (50) ↓ 21275

RANGE 20200 – 20400 range today morning
Support Support
1 20000 20560 target 1
2 18800 20800

----S2 S1 Pivot Point R1 R2----
19853 19985 20172 20304 20491

today i assume netral 50% up %50 down
if index stay around in 20200-20250 is will be up R1
but if stay around 20000-20100 it will down to S1

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* For the second time the test resistance 20 222 index (as in the illustration), so it can
opportunity to go beyond it even higher. But the strength of the rally
probably relatively limited. This is because the market reactions tend to be careful though
still looks positive atmosphere.
* If this session starts with a gapping pattern (gap-up) then the estimated target
closest is the area of ​​20 800, the level where the falling trendline through the window
Under the pattern of down-channel line.
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