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Tuesday, 7 May 2019

Hang Seng Index & Dow Jones Industrial Index as Reflection of Worldwide Markets: 7 May 2019, Tuesday, 1.33am Singapore Time

Hang Seng Index & Dow Jones Industrial Index as Reflection of Worldwide Markets:
7 May 2019, Tuesday, 1.33am Singapore Time
(Click on the Technical Chart Above to Expand)

Attached above is the Technicals for Hong Kong Hang Seng Index reflecting price actions at the Chinese side. The First Brown Circled Region is where the backtest guarantees that Hang Seng Index will hit a Price Target at 45,000 points to 50,000 points. In contrary to the herd's logic, the US Trade War actually secures Bull Market Confirmations -- this is a technical concept that goes against the logic of the herd (refer to technical chart above to fully understand the real macro picture). Major negotiations and re-negotiations between China and the US are not to be viewed bearishly.

Hang Seng Index Target is 45000-50000 points (refer to chart technicals of 20000 points upside) after this round of fearful backtest of support as illustrated.

Hang Seng Index & Dow Jones Industrial Index as Reflection of Worldwide Markets:
7 May 2019, Tuesday, 1.33am Singapore Time
(Click on the Technical Chart Above to Expand)

Now on the US side, the Dow Jones Industrial had 4 previous extraordinarily high volumes. To the layman, they would had thought that these were selling volumes. If you had mastered the concept of the Super Root of All Funds Flow and combined it with the volumes as above, all 4 volumes above are high RED volumes of absorption and high Green volumes of deliberated buying from the sell queues of the herd done by smart monies worldwide (using fear). There is a reason why Warren Buffett continues buying the markets, including crude oil stocks such as Occidental Petroleum. The markets' upside remain huge as illustrated by the HSI as an example. US markets are much stronger than Chinese and HK markets. As for DJIA, it will backtest the double-black band of resistance-turned-supports which had already been broken out upwards, following which it would make confirmation as illustrated on technical chart, and proceed to make all time new highs upon the backtest. This would be IN SYNC WITH THE SUPER ROOT OF ALL FUNDS FLOW THAT GUARANTEES NO BEAR MARKET, ONLY MORE NON-STOPPING HISTORICAL NEW HIGHS TO COME. 

 Funds Flow Analysis
Funds Flow Analysis


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