I'm Brandon, a senior stockbroker at a local securities firm and also a professional trainer with Singapore Exchange (SGX) Academy. Holder of Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) with over 10 years experience in the financial industry.

This blog aims to share how private traders can forecast price and trade in line with the market and smart money by applying Wyckoff principles and simple technical analysis techniques.

Wednesday, 31 July 2019

HSI Expecting Further Weakness

Hang Seng Index (HSI)
We are expecting further weakness on HSI as index broke below a Key Support, we are expecting HSI to trade towards first target level at 27,000.

Notice technical indicator MACD and FFI turns negative and bearish. If bearish momentum perssit, next target level will be 26,500.

Learn more about technical analysis at our next class held at SGX Academy. More Info.

Disclaimer applies.