Trade Plan 25/9/2018

s&p -0.35%
dow -0.68%
nasdaq +0.23%

oil price up
today US fomc meeting

today is bearish bias

Trade Plan 24/9/18

dow +0.32%

s&p -0.04%

nasdaq - 0.5%

this week economic events:

mon - draghi speaks

tues - us consumer confidence

wed - us fomc

thurs - us gdp

fri - nil

this week may be flatish
max hsi go up is probably 1% = about 300 points
down probably 300 points also today
so bullish target is: 28,000
bearish target is: 27,678

Trade Plan 21/9/2018

dow +0.95%
s&p +0.78%
nasdaq +1.05%

no news, no economic figures

bullish

Trade Plan 20/9/18

dow +0.61%
s&p +0.13%
nasdaq -0.05%

no important economic announcements today
no major news today

micron earnings today


hsi trade plan:
- if bullish, target is 27,600, then 27,700 = gain of 300 points
- if bearish, target is 27,300, then 27,200 = loss of 200 points
- if range then levels to note are 27,600, 27,450 and 27,300



bias is to the bullish side because us is up, but 30min chart price is at upper trend line resistance, so most likely will come down first before going up

not expecting extreme market conditions today, so don't expect prices to deviate too much from 50 ema

Trade Plan 19/9/2018

dow up 0.71%
s&p up 0.54%
nasdaq up 0.8%

no important economic figure released today

https://www.reuters.com/article/us-usa-trade-china-response/china-hits-back-by-levying-tariffs-on-60-billion-of-u-s-goods-idUSKCN1LY22V
China to penalize $60 billion of U.S. imports in tit-for-tat move
Trump to impose tariff on $267 billion of additional imports if china retaliate

not sure how HSI will react today
it will probably go range bound, with the highest target being 27500 due to the bullishness of the us market

target? when bullish or bearish? max levels?

key levels? - when bullish or bearish?

doubt prices to stay far from 50 ema for long today

Trade Plan 18/9/18

no major economic figures to be released this week
s&p 500 down 0.56%
dow down 0.35%
nasdaq down 1.47%

https://www.cnbc.com/2018/09/17/trump-puts-new-tariffs-on-china-as-trade-war-escalates.html
additional tariffs on roughly $200 billion of imports from China. The tariffs will take effect on September 24, 2018, and be set at a level of 10 percent until the end of the year. On January 1, the tariffs will rise to 25 percent. Further, if China takes retaliatory action against our farmers or other industries, we will immediately pursue phase three, which is tariffs on approximately $267 billion of additional imports.

no big earnings to be released

HSI might test low of 26,250 today
if trump's news isn't good, it is most likely headed for 26,000

trade watchlist

CSPC Pharmaceutical Group Ltd - 1093.hk - buy
Country Garden Holdings Co Ltd / 2007.hk - buy
Chinasoft International-2K / 0354.hk - buy
Byd Co / 1211.hk - buy
Ping An Insurance (Grp) / 2318.hk - buy
Tencent Holdings Ltd / 0700.hk - buy

Stochastic divergence convergence setup

Stochastic divergence setup

17/7/2018 - US Stock Watchlist

Old Dominion Freight - ODFL - trucking
Skechers USA Inc - SKX - textile
Reliance Steel & Alu - RS - steel
Ulta Beauty, Inc. - ULTA - specialty retail
Five Below, Inc. - FIVE - specialty retail
Etsy, Inc. - ETSY - specialty retail
Stamps.com Inc. - STMP -  software
Facebook Inc - FB - social media
UnitedHealth Group - UNH - healthcare
Grand Canyon Education - LOPE - education
Orbotech Ltd - ORBK - electronics
Arista Networks Inc - ANET - computer systems
Warrior Met Coal Inc - HCC - coal