210825
Hello bellooo everyone!
From previous update, HSI uptrend mode is still on track.
Currently is on retracement mode. IMO It is not turning bear.
At point of writing ✍️:
the HK50 $PEPPERSTONE 4H chart is undecisive - likely ranging between 25200-25096.
It seems going to test the support level at 24961 & 24772.
MACD line and signal below zerol level and KDJ although in greenzone but the trendline is cupping down.
Be cautious and monitor for shorter tf Long as it could take a while to rebound.
For aggressive entry, you may take Long/Short position within the range and set SL.
Otherwise you may wait for confirmation (depends on your time frame of trade).
currently on D Chart -
🗝️ Resistance Level : 25150
Support Level : 24,950
Support level 24,862 (EMA30)
🗝️ Strong Support Level : 24,609 (from 24120 @1Aug25, Gravity TrendLine support lifting circa 490pts)
Higher Hi⛳ marked in D Chart HK50 $PEPPERSTONE
21May2025 -23909
11June2025 -24430
25June2025 -24531
16Jul2025 - 24842
24Jul2025 - 25729
13Aug2025 - 25835
?? ??2025 - 26713 Next Hi
Notice the trend, after the ⛳ , retraced back to Gravity Trend Line area,
GMMA squeezing again (from last update on 8Aug25) before it spreading out again for bullish trend.
Well it's quite predictable the movement of the Index like 🌊 it's completing its cycle for the next big wave to form.
Nothing complicated.
Be aware, following your own tradeplan/SOP.
Take your position, setting stop loss and ride on the trend (up/down).
The HSI Index
At point of writing ✍️
Index is being sucked towards to D GravityLine again - 24665 (a lift from 8Aug2025 GravityTrendLine at 24344. Still in uptrend
🗝️ Next Resistance Level : 25300
🗝️ Next Support Level : 24970
🗝️ Strong Support Level : 24920 (EMA30)
tradingview.com/news/te_news:479498:0-tech-led-losses-drag-hang-seng-ahead-of-inflation-data/
The 🐳 (institution including hedge funds, mutual funds, and private funds) likely is accumulating.
Probably they are 'selling' the news.
IMO:when HSI touch the EMA30/GravityTrendLine and overall is on uptrend mode, it's a healthy pullback/retracement and without hesitation very much would like to follow the 🐳 to accumulate.
Trade from awareness, not from noise. Trade with ease.
** 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.
This is for educational and reference purposes only.
It does not constitute financial advice or a recommendation to buy or sell any financial instrument.
Always perform your own due diligence and consult a licensed financial advisor before making investment decisions.
Hello bellooo everyone!
From previous update, HSI uptrend mode is still on track.
Currently is on retracement mode. IMO It is not turning bear.
At point of writing ✍️:
the HK50 $PEPPERSTONE 4H chart is undecisive - likely ranging between 25200-25096.
It seems going to test the support level at 24961 & 24772.
MACD line and signal below zerol level and KDJ although in greenzone but the trendline is cupping down.
Be cautious and monitor for shorter tf Long as it could take a while to rebound.
For aggressive entry, you may take Long/Short position within the range and set SL.
Otherwise you may wait for confirmation (depends on your time frame of trade).
currently on D Chart -
🗝️ Resistance Level : 25150
Support Level : 24,950
Support level 24,862 (EMA30)
🗝️ Strong Support Level : 24,609 (from 24120 @1Aug25, Gravity TrendLine support lifting circa 490pts)
Higher Hi⛳ marked in D Chart HK50 $PEPPERSTONE
21May2025 -23909
11June2025 -24430
25June2025 -24531
16Jul2025 - 24842
24Jul2025 - 25729
13Aug2025 - 25835
?? ??2025 - 26713 Next Hi
Notice the trend, after the ⛳ , retraced back to Gravity Trend Line area,
GMMA squeezing again (from last update on 8Aug25) before it spreading out again for bullish trend.
Well it's quite predictable the movement of the Index like 🌊 it's completing its cycle for the next big wave to form.
Nothing complicated.
Be aware, following your own tradeplan/SOP.
Take your position, setting stop loss and ride on the trend (up/down).
The HSI Index
At point of writing ✍️
Index is being sucked towards to D GravityLine again - 24665 (a lift from 8Aug2025 GravityTrendLine at 24344. Still in uptrend
🗝️ Next Resistance Level : 25300
🗝️ Next Support Level : 24970
🗝️ Strong Support Level : 24920 (EMA30)
tradingview.com/news/te_news:479498:0-tech-led-losses-drag-hang-seng-ahead-of-inflation-data/
The 🐳 (institution including hedge funds, mutual funds, and private funds) likely is accumulating.
Probably they are 'selling' the news.
IMO:when HSI touch the EMA30/GravityTrendLine and overall is on uptrend mode, it's a healthy pullback/retracement and without hesitation very much would like to follow the 🐳 to accumulate.
Trade from awareness, not from noise. Trade with ease.
** 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.
This is for educational and reference purposes only.
It does not constitute financial advice or a recommendation to buy or sell any financial instrument.
Always perform your own due diligence and consult a licensed financial advisor before making investment decisions.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.