2/ $HSI 20D SMA is a constant magnet, currently 26,029.
Below that 25,953/25,862 supports. A strong defense of the lower handle allows $HSI to continue its upward climb to 26,182/26,330.
BOE this evening.
1/ $HSI gapped down Wed bounced off 25,506 strong support in line with an unwavering bid in all Chinese indices from the open and a firm push in $CNH.
That firm bid by China turned the overnight risk off around. Retail bulls suffered heavy KO. Both bulls and bears loaded up.
$HSI Tue am move towards 26,303, but continued selling in $ES & $NKY during lunch triggered heavy pm sell, still ongoing Wed pre-market.
Night VPOC 25,854, supports 25,668/25,506/25,464.
Resistance 25,953/26,154. RatingDog Services PMI 0945 HKT.
$HSI tight Monday am rose pm. Retail bulls took profits, bears bought heavily with notable large clusters above π
26,079 pivot. 25,953 support holds, $HSI may stage a move higher towards 26,330 then 26,457. Bear clusters become vulnerable.
$HSI sold off Friday, small bounce night session. Retail bulls averaged losses, large clusters 25,774/25,602.
If the bounce cannot clear 26,103, $HSI may slip back to 25,953 then 25,829. Lower support 25,668.
26,154/26,240 resistance. RatingDog China Manufacturing PMI 0945 HKT.
$HSI fell sharply post Xi-Trump meeting Thursday. Very large retail bull cluster 26,025 remains.
26,261 pivot, break of 26,154 sends $HSI towards 26,033 then 25,989.
A rebound sends $HSI back to pivot, which is a zone of low turbulence. 26,328/26,457 resistance.
NBS PMI 0930.
2/ Resistance is stiff above but can be broken on positive tape post Xi-Trump meeting.
$HSI 26,464 is a support, with 26,345 below. Holds, $HSI may attempt to break 26,757 towards 26,887.
Large bear cluster 26,699 vulnerable. Note very large bull cluster 26,029.
1/ #FOMC cleared, Xi-Trump meet at 1000 HKT Thursday, HK futures roll and OPEX, #ECB this evening.
$HSI dipped day session, held 26,320 and rebounded into night session Tuesday.
Retail bears were slapped on the wrist with minor KO and bought as $HSI fell day session.
2/ 26,530 holds, $HSI may climb to 26,672/26,773/26,866. Resistance stiffens beyond 26,921.
Stiff resistance may cause $HSI to ease back towards 26,530. 26,440/26,320 are supports below.
Note HK closed Wednesday and re-opens after FOMC on Thursday.
1/ $HSI gapped and pushed higher Monday.
Retail bears minor KO and cut losses further for a second consecutive session - fear.
Bulls chased the move higher forming a large cluster near 26,017 - greed.
$HSI held 25,619 & Chinese indices bid Thur. Strong move up pm into night. Retail bulls bought, bears flat with notable large clusters 26,420 & 26,670.
Holding 26,037 & buying in China opens upside to 26,320/26,420/26,530.
25,872 support below. China press conference 1000 HKT.
$HSI sold off since Tue. 2 week VPOC 25,807. Retail bulls suffered heavy KO last Fri, bears smaller KO early week.
25,619 pivot, 25,443/25,485 lower support. Sellers exhaust, $HSI needs to break 25,738 to 25,815/25,851 then 25,872.
China indices nicely supported.
2/ $HSI 26,732 holds, Chinese indices bid, 25,972 will be broken to take out 26,163.
26k must hold as cushion and support, else $HSI will pare back gains towards 25,808. 25,443 lower support.
Next post will be some time next week.
1/ $HSI held 25,666 Wed and continued to trade around past week's VPOC 25,808. Holding 25,666 allows it to climb higher.
Chinese indices went limp before lunch but bid up miraculously pm session, en route higher.
Retail bulls took profits, bears bought, large KO cluster 26,666.
2/ Since Friday night, $HSI has been building out 2 HVN at 25,813 and 25,441 (Tuesday VPOC).
Buyers need to hold 25,666. Sustained buying in China could push $HSI to reclaim 25,972, 26,089 then 26,163.
If 25,666 breaks, 25,441 support, 25,362 then 25,208.
1/ $HSI tested the upside to 26,089 at Tuesday open then eased back, gapping down after lunch to 25,373 on a sensitive tape before rebounding night session.
Retail bulls continue to load up with large clusters below while bears are digging in with a very large cluster at 26,677.
2/ $HSI cleaning up Friday's structure. Holding above 25,813 moves through 25,972 then 26,163.
Breaking 25,813 tests 25,666 with stronger support 25,508.
Market will remain tape sensitive.
1/ $HSI gapped up Monday, VPOC 25,706 day session shifted higher night session.
Chinese indices bid strongly from the open with support continuing into Tuesday.
Retail bulls suffered massive KO and averaged losses heavily. Bears took profits but formed new large cluster 26,683.