sp500 expanding triangle 20201030

if we end up resting on the lower trend line (yellow), it will be a "less worse" scenario for us... what have happened in March 2020 and even Dec. 2018 were not that bad indeed.

what if that trend line doesn't hold? it will be disastrous or a break-down in everything. We might see a phoenix rebirth.

From finance to international trading: changing from high leverage to low/no leverage; globalization of good & services to localization. 

From culture to daily behaviour: we used to work and/or study in certain places (office/factory/school) and meet up in public areas, which will change into work/study from home, video conference, e-learning, automation of production, not to mention revolutionary changes by A.I. and very fast broadband/transmission speed, mobile devices, VR & AR technologies, 3D printing, etc.

hsi 20200122.png

 still holds: lower top, lower bottom

SP500 weekly 20200904

 

what a perfect demonstration of drawing a trend line!!!

credit: https://youtu.be/QCu8SqTnt6I

883 wk 20190122

a top and a fibo retracement level form a consolidation & provided a support

175.hk 20190109

even it has reached a consolidation level in the past, it still has a long way to find a support at current level... however, room for further drop appeared not much.

1857年至今年利率走勢

700 wk 20181128

just the beginning

hsi mth 20181127

175, 20181126

even hit a bottom, still a long way to recover most drop...

883 td 20181022 - seem bullish

供樓負擔比率升至74%

https://paper.hket.com/article/2135936/%E8%B2%BF%E6%88%B0%E5%8A%A0%E6%81%AF%E5%A4%BE%E6%93%8A%20%E4%BA%8C%E6%89%8B%E7%8F%BE%E6%B8%9B%E5%83%B9

(2019/1/9) I don't know if anybody can get a mortgage with such affordability, banks simply don't approve any lending. totally out of imagination

700 20180620

potential positive reversal, daily

175 wk 20180323

175 wk 20180305

388 wk 20180110

It was between friends' joke when it was July 2017 with its price around 217, now it is well settle above 270...

but I think it needs some consolidation/correction before testing its historical high in year 2015 (298.65), like the "B" and "F" stage before reaching the record high.

here's the current snapshot:

175 wk 20180110

watch out for a head and shoulder top pattern undergoing, volume-wise has confirmed, now just waiting for a break under neck-line.

In addition, RSI is showing its weakness with bearish divergence (red line)

Targets could settle around with RSI 55 level, but I think RSI 32 would be the final ground for a better shopping time...

700 wk 20170918 - follow up

http://koei1024.blogspot.hk/2017/09/700-wk-20170918.html

(repost graph from previous post below)

hsi mth 20171012

http://koei1024.blogspot.hk/2017/08/hsi-mth-20170814.html

a follow-up, simple is best

700 wk 20171012

sp500 vs hsi 20170929

seems one is leading the other...