HSCEFI (HKEX)

HSCEFI HONGKONG

HSCE FUTURES INDEX

SELL

7836

Prev.Close

7917

Change

-81.0000

Change%

-1.02%

BEARISH STOP LOSS

Sold at

7883.19

Open

7904

High

7919

Low

7775

7836

Gain%

-0.60%

Signal History

Date	Price	Signal	Change%	HKD100⇨
09-26	7883	SELL	-0.6%	97
09-22	8094	BUY	-2.6%	99
08-31	8162	SELL	-0.8%	100
08-29	8166	BUY	-0.1%	100
08-21	7786	SELL	+4.9%	100
08-17	8100	BUY	-3.9%	105
08-11	8552	SELL	-5.3%	105
08-07	8703	BUY	-1.7%	107
08-01	8874	SELL	-1.9%	108
07-25	8441	BUY	+5.1%	103
07-18	8408	SELL	+0.4%	103
07-12	8279	BUY	+1.6%	102
07-06	8283	SELL	-0.1%	102
06-27	8273	BUY	+0.1%	102
06-20	8691	SELL	-4.8%	102
06-02	8090	BUY	+7.4%	96
05-23	8449	SELL	-4.2%	96
05-15	8616	BUY	-1.9%	98
05-10	8591	SELL	+0.3%	98
04-27	8533	BUY	+0.7%	98
04-19	8880	SELL	-3.9%	98
04-17	8839	BUY	+0.5%	98
04-12	8811	SELL	+0.3%	99
03-30	8890	BUY	-0.9%	100

† Trade commissions are taken as 0.30%.

Pattern & Confirmation Chart for the Last 6 Months

Our system’s recommendation today is to SELL. The BEARISH STOP LOSS pattern finally received a confirmation because the values crossed below the Stop Loss level which was at 7987, and our valid average selling value stands now at 7883. The previous BUY signal was issued on 2023-09-22, 4 days ago, when the index value was 8094. Since then HSCEFI has fallen by -2.60%.

The market changed its face while our beloved candlesticks were asleep. Though the system has not yet detected a bearish pattern, the evidence is strong enough to prompt the closing of long positions. Today’s candlestick has a black body and its close is below the stop loss level. The bearish stop loss is confirmed and a <SELL signal is generated. You still have time to follow the signal and then you may start checking other securities for a bullish bet.

This is not a standard candlestick pattern. It is simply the stop loss compliment of all the confirmed bullish patterns. The conditions for the activation of the Bearish stop loss are two consecutive lows or a close below the stop loss level of a recently confirmed bullish pattern. more...

Date	Price	Signal	Change%	HKD100⇨
09-26	7883	SELL	-0.6%	109
09-22	8094	BUY	-2.6%	112
08-31	8162	SELL	-0.8%	112
08-29	8166	BUY	-0.1%	113
08-21	7786	SELL	+4.9%	113
08-17	8100	BUY	-3.9%	118
08-11	8552	SELL	-5.3%	118
08-07	8703	BUY	-1.7%	121
08-01	8874	SELL	-1.9%	121
07-25	8441	BUY	+5.1%	116
07-18	8408	SELL	+0.4%	116
07-12	8279	BUY	+1.6%	115
07-06	8283	SELL	-0.1%	115
06-27	8273	BUY	+0.1%	115
06-20	8691	SELL	-4.8%	115
06-02	8090	BUY	+7.4%	108
05-23	8449	SELL	-4.2%	108
05-15	8616	BUY	-1.9%	111
05-10	8591	SELL	+0.3%	111
04-27	8533	BUY	+0.7%	111
04-19	8880	SELL	-3.9%	111
04-17	8839	BUY	+0.5%	111
04-12	8811	SELL	+0.3%	111
03-30	8890	BUY	-0.9%	112
03-27	8634	SELL	+3.0%	113
03-22	8521	BUY	+1.3%	112
03-20	8314	SELL	+2.5%	112
03-15	8457	BUY	-1.7%	114
03-08	8731	SELL	-3.1%	114
03-01	8865	BUY	-1.5%	117
02-14	9208	SELL	-3.7%	117
02-09	9363	BUY	-1.7%	119
01-30	9944	SELL	-5.8%	120
01-20	9605	BUY	+3.5%	116
01-17	9500	SELL	+1.1%	116
12-22	8670	BUY	+9.6%	106
12-15	8620	SELL	+0.6%	107
11-29	7829	BUY	+10.1%	97
11-18	8017	SELL	-2.3%	97
11-15	7882	BUY	+1.7%	96