Quantitative Researcher, MRM Research

Nico Rosti

Quantitative Researcher

MRM Research

Quantitative Research

Event-Driven

<ul>
<li>In our <a href="https://www.smartkarma.com/insights/eqd-hsi-september-rally-what-s-next?slug=eqd-hsi-september-rally-what-s-next" target="_blank" rel="noopener">previous insight</a> about the <a href="https://www.smartkarma.com/entities/hong-kong-hang-seng-index" target="_blank" data-smartkarma-citation="entities:22899:1" rel="noopener">Hang Seng Index</a>'s we theorized a probable continuation of the rally in October, after some resistance, but the index just shoot up straight.</li>
<li>Resistance appeared last week, from an area considered a tail by our SHORT model, so it was not possible to make a forecast from there. </li>
<li>The question now is: can the index re-start to rally from here? Or will it pull back more this coming week?</li>
</ul>


In our previous insight about the Hang Seng Index's we theorized a probable continuation of the rally in October, after some resistance, but the index just shoot up straight.
Resistance appeared last week, from an area considered a tail by our SHORT model, so it was not possible to make a forecast from there. 
The question now is: can the index re-start to rally from here? Or will it pull back more this coming week?


EQD | The HSI Rally: Go LONG Now or Wait?

<ul>
<li>We continue our coverage of the <a href="https://www.smartkarma.com/entities/hong-kong-hang-seng-index" target="_blank" data-smartkarma-citation="entities:22899:1" rel="noopener">Hang Seng Index</a> : in our <a href="https://www.smartkarma.com/insights/eqd-updated-support-levels-to-buy-for-hsi-index-rally-continuation-in-september" target="_blank" rel="noopener">previous insight</a> we theorized a continuation of the rally in September. </li>
<li>So far the index is following the path outlined (pullback, then rally). What is going to happen in the next few weeks, if September closes up?</li>
<li>Broadly speaking we see a potential continuation of the rally in October, but there may be some resistance in the short-term.</li>
</ul>


We continue our coverage of the Hang Seng Index : in our previous insight we theorized a continuation of the rally in September. 
So far the index is following the path outlined (pullback, then rally). What is going to happen in the next few weeks, if September closes up?
Broadly speaking we see a potential continuation of the rally in October, but there may be some resistance in the short-term.


<ul>
<li>The <a href="https://www.smartkarma.com/entities/hong-kong-hang-seng-index" target="_blank" data-smartkarma-citation="entities:22899:1" rel="noopener">Hang Seng Index</a> has been falling in June and July, but our MONTHLY seasonal pattern model indicates the index has a very good chance to close August up.</li>
<li>The condition we need, to forecast that August will be closing up, is to have July closing down, i.e. &lt;17718.61.</li>
<li>The index is WEEKLY OVERSOLD, so the timing to buy will be critical, because you want to get in early, but not too early (and July must close down).</li>
</ul>


The Hang Seng Index has been falling in June and July, but our MONTHLY seasonal pattern model indicates the index has a very good chance to close August up.
The condition we need, to forecast that August will be closing up, is to have July closing down, i.e. &lt;17718.61.
The index is WEEKLY OVERSOLD, so the timing to buy will be critical, because you want to get in early, but not too early (and July must close down).


EQD | The HSI Is Ripe For A Rally In August (IF July's Close Is Negative)

<ul>
<li>In a <a href="https://www.smartkarma.com/insights/eqd-hsi-may-pull-back-levels-to-buy-for-rally-continuation-in-september" target="_blank" rel="noopener">previous insight</a> we have postulated that a pullback may be behind the corner for the <a href="https://www.smartkarma.com/entities/hong-kong-hang-seng-index" target="_blank" data-smartkarma-citation="entities:22899:1" rel="noopener">Hang Seng Index (HSI INDEX).</a>
</li>
<li>We said the pullback could come the week after the insight was published, or the following week (i.e. this week). Last week closed up, the index could retrace this week.</li>
<li>In this insight we want to update the levels to buy LONG for this week, to benefit from a highly probable continuation of the rally in September.</li>
</ul>


In a previous insight we have postulated that a pullback may be behind the corner for the Hang Seng Index (HSI INDEX).

We said the pullback could come the week after the insight was published, or the following week (i.e. this week). Last week closed up, the index could retrace this week.
In this insight we want to update the levels to buy LONG for this week, to benefit from a highly probable continuation of the rally in September.


EQD | (Updated) Support Levels to BUY For HSI Index Rally Continuation In September

<ul>
<li>We have correctly forecasted a August rally for the <a href="https://www.smartkarma.com/entities/hong-kong-hang-seng-index" target="_blank" data-smartkarma-citation="entities:22899:1" rel="noopener">Hang Seng Index</a> in previous insights, <a href="https://www.smartkarma.com/insights/eqd-the-hsi-is-ripe-for-a-rally-in-august-if-july-s-close-is-negative" target="_blank" rel="noopener">here</a> and then <a href="https://www.smartkarma.com/insights/eqd-the-hsi-rebound-can-reach-higher-prices-in-august" target="_blank" rel="noopener">here</a> - the rally is on, but a pullback is coming.</li>
<li>The pullback may come in this week or the next, but it's probably behind the corner, the index can continue higher after the pullback.</li>
<li>In this insight we want to expose what are the levels to buy LONG to benefit from a <strong>highly probable continuation of the rally in September</strong>.</li>
</ul>


We have correctly forecasted a August rally for the Hang Seng Index in previous insights, here and then here - the rally is on, but a pullback is coming.
The pullback may come in this week or the next, but it's probably behind the corner, the index can continue higher after the pullback.
In this insight we want to expose what are the levels to buy LONG to benefit from a highly probable continuation of the rally in September.


EQD | HSI May Pull Back, Levels to BUY For Rally Continuation In September

Hong Kong

The Hang Seng Index is a free-float capitalization-weighted index of a selection of companies from the Stock Exchange of Hong Kong. The components of the index are divided into four subindices: Commerce and Industry, Finance, Utilities, and Properties. The index was developed with a base level of 100 as of July 31, 1964.

Hang Seng Index (HSI INDEX)

EQD | The HSI Rally: Go LONG Now or Wait?

The Hang Seng Index rally went vertical, then pulled back last week. Is this the right time to go in LONG? Or better wait for the index to pullback...

Nico Rosti

EQD | HSI September Rally: What's Next?

The analysis of the Hang Seng Index based on our WEEKLY models suggests a rally continuation into the end of September, with potential resistance...

Nico Rosti

EQD | The HSI Is Ripe For A Rally In August (IF July's Close Is Negative)

The Hang Seng Index has been falling in June and July, but seasonal pattern model predicts August will close up if July closes down. The index is...

Nico Rosti

EQD | (Updated) Support Levels to BUY For HSI Index Rally Continuation In September

Update on Hang Seng Index: potential pullback expected this week, in this insight we will highlight the support levels to buy, to seize the...

Nico Rosti

EQD | HSI May Pull Back, Levels to BUY For Rally Continuation In September

The August rally for the Hang Seng Index unfolded as forecasted, but a pullback is coming in the next 2 weeks. The index will probably rally higher...

Nico Rosti

EQD | The HSI Rally: Go LONG Now or Wait?

The Hang Seng Index rally went vertical, then pulled back last week. Is this the right time to go in LONG? Or better wait for the index to pullback...

Nico Rosti

EQD | HSI September Rally: What's Next?

​The analysis of the Hang Seng Index based on our WEEKLY models suggests a rally continuation into the end of September, with potential resistance...

Nico Rosti

EQD | The HSI Is Ripe For A Rally In August (IF July's Close Is Negative)

​The Hang Seng Index has been falling in June and July, but seasonal pattern model predicts August will close up if July closes down. The index is...

Nico Rosti

EQD | (Updated) Support Levels to BUY For HSI Index Rally Continuation In September

​Update on Hang Seng Index: potential pullback expected this week, in this insight we will highlight the support levels to buy, to seize the...

Nico Rosti

EQD | HSI May Pull Back, Levels to BUY For Rally Continuation In September

The August rally for the Hang Seng Index unfolded as forecasted, but a pullback is coming in the next 2 weeks. The index will probably rally higher...

Nico Rosti

The analysis of the Hang Seng Index based on our WEEKLY models suggests a rally continuation into the end of September, with potential resistance...

The Hang Seng Index has been falling in June and July, but seasonal pattern model predicts August will close up if July closes down. The index is...

Update on Hang Seng Index: potential pullback expected this week, in this insight we will highlight the support levels to buy, to seize the...