$Hang Seng Index (800000.HK)$The HSI movement is closely tied to RMB (USDCNH) movement. Since Trump's victory we have been witnessing RMB weakening from 7.09 to 7.25+ s (and dropping), HSI is unlikely to move back to Oct 2024 height in the next few months even with new bazooka stimulus from China Government.
The weakening of RMB will be excerbated by Fed's rate decision and fresh tarrif across the borders of US. The first support will be 18700 then 17800.
Disclaimer: Community is offered by Moomoo Technologies Inc. and is for educational purposes only.
Read more
Thelord : Typical knowledgeable person
933199333 : Actually just need boss open mouth. Every support break i buy abit.
Big Dipper : Another negative comment!