Hong Kong Stock Index (Too Much Uncertainties)
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View On Hong Kong Stock Index (7 Sept 2020)
Even though the other stock markets such as US Dow Jones, NASDAQ and German DAX were doing extremely well, Hong Kong Stock Index (HSI) failed to do so.
Since the island state is facing lot of political upheaval recently, the performance of the stock market is pretty much expected.
With the on going political escapade, falling property prices and the covid uncertainty, we will not be bullish on the Hong Kong Stock Market for the time being.
It shall face more bear pressure in the near term and it should easily to retest the swing low level of 25,250 region (or) even lower.
Cheers.
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
Even though the other stock markets such as US Dow Jones, NASDAQ and German DAX were doing extremely well, Hong Kong Stock Index (HSI) failed to do so.
Since the island state is facing lot of political upheaval recently, the performance of the stock market is pretty much expected.
With the on going political escapade, falling property prices and the covid uncertainty, we will not be bullish on the Hong Kong Stock Market for the time being.
It shall face more bear pressure in the near term and it should easily to retest the swing low level of 25,250 region (or) even lower.
Cheers.
Legal Risk Disclosure:
Trading foreign exchange or CFD on margin carries a high level of risk, and may not be suitable for all investors.
The high degree of leverage can work against you as well as for you. Before deciding to trade foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite.
The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose.
You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor.
DISCLAIMER:
Any opinions, news, research, analyses, prices or other information discussed in this presentation or linked to from this presentation are provided as general market commentary and do not constitute investment advice.
Sonicr Mastery Team does not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from use of or reliance on such information.
交易结束：到达目标
Done and Dusted.
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