I concluded 8 crucial factors to determine the direction of the HK stock markets:
1. Tension of US-China Trade War: Negative
2. Inverted Yield Curve: Negative (Recession Worry)
3. Political Environment and Sentiment: Negative
4. Fed’s Dovish Tone: Positive
5. Leading Economic Data: Negative
6. Companys’ Earnings: Neutral to Negative
7. Liquidity and Fund Flows: Negative
8. RMB Depreciation: Negative
Trading Plan: Sell on every bounce until we see panic selling at heavily oversold level. Second wave of correction will happen on coming weeks or months. Be prepare!
HSI1!
1. Tension of US-China Trade War: Negative
2. Inverted Yield Curve: Negative (Recession Worry)
3. Political Environment and Sentiment: Negative
4. Fed’s Dovish Tone: Positive
5. Leading Economic Data: Negative
6. Companys’ Earnings: Neutral to Negative
7. Liquidity and Fund Flows: Negative
8. RMB Depreciation: Negative
Trading Plan: Sell on every bounce until we see panic selling at heavily oversold level. Second wave of correction will happen on coming weeks or months. Be prepare!
HSI1!
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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.