Many people mistakenly believe that the most tiring part of belly dancing is the waist, but I actually feel that the most exhausting part is the hands. This is because the hands are rarely used in daily activities. In particular, there is a movement in belly dancing called "snake hands." This movement is very graceful, but it is indeed not easy to perform. I still can't do it well, and it is quite tiring.
$Hang Seng Index (800000.HK)$ $HSI Futures Current Contract (HSIcurrent.HK)$Friday opened 392 points lower, then rose to open 63 points higher. After the opening, it once surged about 139 points before retreating significantly, hitting a low of 26,444. Later, the decline narrowed, closing at 26,567. Last Monday’s recap mentioned that day's close was below 27,050. However, on Tuesday and Wednesday, it successfully stabilized above this level and also held steady above the 10-day moving average. On the other hand... $HSI Futures Current Contract (HSIcurrent.HK)$The upward movement in these two trading sessions faced some resistance and pressure. It was anticipated that there might be a pullback on Thursday and Friday. The drop on Thursday was within expectations. Although Friday’s continued fall was not surprising as further pullbacks were expected, the magnitude of the drop was unexpected. Originally, the prediction was for a decline of less than 300 points, but it had fallen by as much as 600 points at one point. Therefore, I entered a bullish warrant near the support level of 26,550. As it continued to fall to 26,444, there was a loss, but since I believed the day’s decline wouldn’t be too severe, I added more bullish warrants near the support level of 26,450...

Due to time constraints, I would like to share about gold today and will discuss the broader market tomorrow. $Hang Seng Index (800000.HK)$ $HSI Futures Current Contract (HSIcurrent.HK)$ Those who are interested, please stay tuned.
$XAU/USD (XAUUSD.CFD)$ From January 29 to February 2, over three trading days, the highest point dropped from 5598 to a low of 4402, with a decline of nearly 1200 points, which was quite astonishing. This represents the largest historical volatility in the shortest amount of time. During this period, hundreds of thousands of users were liquidated. In the following two weeks, it slowly rebounded. From a technical perspective, there is likely still room for upward movement in the future. However, I believe that before reaching the previous peak, there will be some pressure, as the earlier drop was quite significant. It would be challenging to fully recover the entire decline in a short period of time, meaning it’s unlikely to rapidly break above the previous peak anytime soon. In the short term, I estimate it may fluctuate within a range.
Since 2022, I have started trading gold, observing daily volatility becoming increasingly larger. Initially, daily movements were only around several dozen points, but now they can exceed a hundred points. A few months ago, the maximum volatility reached 300 points, which was already making headlines. However, by now, those 300 points are no longer the highest, as a few weeks ago, single-day fluctuations hit 600 and even 800 points, resulting in massive liquidations among hundreds of thousands of users. The advantage of using leverage is the ability to make quick profits, but...

Happy Friday, I'm so glad there's no market tomorrow. The happiest days of the week are always Fridays and Saturdays, I believe everyone feels the same way. Even though it’s Friday today, I don’t have any plans. I’ve been continuously rewatching class videos. In fact, not only do I enjoy every moment during each belly dancing class, but reviewing those videos afterward is also very soothing. It reminds me of when I used to take aerial silk dance classes — after every session, watching the videos was something I looked forward to. Of course, happy moments are meant to be shared., if you don't like it, don't watch
$Hang Seng Index (800000.HK)$ $HSI Futures Current Contract (HSIcurrent.HK)$ In previous articles, I mentioned selling on rallies, so over the past few trading sessions, I've been holding bearish warrants. After Thursday’s low opening and profit-taking, the market rebounded nearly 500 points. Due to the stronger-than-expected rebound, my bearish warrants accumulated a lot of inventory as I added positions. Today, however, the market opened significantly lower by 531 points, giving my bearish warrants a pleasant surprise.Given the substantial decline, the price of bearish warrants surged by over 50 ticks. However, I was concerned about an immediate oversold rebound in the Hang Seng Index, so I decided to take profits early this morning and exited my bearish warrant positions.
The Hang Seng Index initially opened 531 points lower. After the opening, it dropped several dozen more points to a low of 26,295, then started rising steadily, reaching a high of 26,710 — a rise of over 400 points from the lows. The gains later narrowed, closing at 26,559. Despite the low opening followed by a higher close, recent declines seem to be narrowing. Although it’s not yet a confirmed return to strength, it’s showing signs of stabilization...

I miss my baby so much. I look at her recent photos every day. Someone once asked me if my baby would miss me, and I confidently replied: 'As long as she has food to eat and toys to play with, she’ll forget about me.' However, this is actually a good thing. At least she won’t be sad because her mom isn’t around. As long as she can eat and play, she’ll stay happy.
$Hang Seng Index (800000.HK)$ $HSI Futures Current Contract (HSIcurrent.HK)$ Today, the market opened 37 points lower, initially falling to a low of 26,593, then continued to rise, reaching a high of 27,004. The gains later narrowed, closing at 26,847, up 12 points. In my previous article, I mentioned that I estimated there was still room for further declines and that I wouldn’t rush into going long too early. Actually, from last Friday and Monday, the total decline was close to 1,500 points, making Tuesday and Wednesday’s movements particularly crucial. Typically, if the market is to stabilize and rise again, we would look for buying support in subsequent trading sessions, which must quickly recover. However, the closing levels on both Tuesday and Wednesday were near Monday's close of 26,775, showing an inability to sustain upward momentum. Therefore, my current view remains unchanged from the previous article: there’s likely more downside ahead, whether it’s a direct drop or a rebound after an oversold situation before falling again. For these past two days, I’ve been selling at higher levels and made some profits in bearish warrants. Moving forward, I’ll continue to sell at higher levels, first testing whether we can hold above 26,300 or 26,200, then seeing if we can defend 26,050.
Support/Resistance Spot Reference:
Resistance levels 26,920, ...

The happiest thing for me since returning to Hong Kong is that every time I attend class and put on my belly dancing outfit, listening to Indian or Middle Eastern music while dancing, all my worries instantly disappear. I'm grateful to have met you. I still remember when I first encountered aerial silk dancing, my love for it was extremely strong. Surprisingly, when I encountered belly dancing, my fondness for it was also quite significant.
$Hang Seng Index (800000.HK)$ $HSI Futures Current Contract (HSIcurrent.HK)$ Last Friday, the market opened 183 points lower and then quickly fell further. Afterward, there wasn't much of a rebound; instead, it continued to decline until closing at 27,387, finishing significantly lower. Although the uptrend has not been broken yet, the current level is already very close to the bottom of the previous two trading days (last Wednesday). This makes the situation look concerning. It seems the correction may not be over yet. If there is another pullback, the focus will be on whether the 27,050 level can hold. Therefore, if considering going long, I might wait for a lower entry point. However, because the prior uptrend remains intact, I wouldn't blindly short either. In the short term, intraday trading might be the better approach—taking positions based on same-day movements without holding overnight.
Support/Resistance Spot Reference:
Resistance Levels: 27,420, 27,500, 27,750, 27,900, 28,050, 28,200, 28,280, 28,400, 28,500, 28,580, 28,680
Support Levels: 27,350, 27,20...

$Hang Seng Index (800000.HK)$ $HSI Futures Current Contract (HSIcurrent.HK)$ Yesterday's article mentioned that Wednesday saw significant gains, and fearing a pullback, I didn't dare to hold bullish positions, but the trend remained strong. I also didn’t dare to hold bearish positions, so yesterday I planned to trade intraday. The market had already dropped by 201 points at the morning opening, so I bought bull certificates. At that time, my target price was looking at the resistance levels shared in my article, 27,900 or 28,050. Today, the highest point really reached 28,056, which was near the resistance level I mentioned. I exited around 28,020. As I shared in a previous article, I usually leave some room for exiting early, mainly to avoid missing a sell opportunity due to failure to execute trades. Therefore, I typically set my exit price 1 or 2 points lower than the target. Finally, I liquidated my position at approximately 28,020.
Later, I bought bear certificates near 28,050 and eventually closed the position for profit. The main reason is that I don't hold either bull or bear positions overnight because there have been substantial gains over the past two days. Holding bulls carries the risk of a drop, and the same goes for bears. Recently, the market trend has been strong, so I also didn't dare to short and hold bear certificates. It’s consistent with what I shared in yesterday’s article—avoiding holding either bull or bear positions overnight is the best strategy.
Support/Resistance Spot Reference:
Resistance levels: 28,050, 28,200, 28,280, 28,400, 28,500, 28,580, 28,680
Support levels: 27,900, 27,750, 27,500, 27,420, 27,350, 27,200, 27,050, ...

Received @南方东英资产管理 was invited to attend the $CSOP Huatai-PineBridge CSI A500 ETF (03101.HK)$ listing ceremony yesterday. It is an ETF that mainly tracks the CSI A500 Index, with a minimum investment threshold of 100 shares, approximately HKD 790. The constituent stocks include 500 large-cap and highly liquid A-shares, with significant sector distribution in industries such as industrials, information technology, raw materials, finance, and communication services, allowing for diversification away from risks associated with any single industry or company.
$Hang Seng Index (800000.HK)$ $HSI Futures Current Contract (HSIcurrent.HK)$ The first thing, of course, is to share the good news. Because I haven't seen such a big gain in a while, the article on Monday mentioned hoping that the bull market would grow quickly. Surprisingly, it immediately jumped by 700 points. Today, the Hang Seng Index opened 199 points higher and continued to rise steadily after the opening. The highest point was 27,826, which was also the closing level, ending the day on a high note. At the opening, my target price was 27,600, planning to sell 75% first. Later, when it reached the resistance level of 27,750, I cleared all the remaining bull contracts. Unexpectedly, after I exited, it continued to rise above 27,800. The increase was very strong. Fortunately, because I had anticipated a breakout, I added more bull contracts just before the close on Monday. Due to the substantial rise, I decided to take profits early, and fearing too much of an increase might lead to a pullback the next day, I didn't hold any bull contracts overnight. However, I also didn't dare to buy bear contracts, as there was still a possibility of continuing upward the next day...

$Hang Seng Index (800000.HK)$ $HSI Futures Current Contract (HSIcurrent.HK)$ The market opened 98 points higher today, and after the opening, it fluctuated up and down, with a low of 26,829. In the morning, it surged over 300 points from the bottom but then met resistance and pulled back, narrowing the gain to 180 points. Later, it rose again near the top and finally closed at 27,126, up 361 points. From the current overall situation, the market is getting stronger. It is expected to soon break through the previous high and has moved away from the 10-day line by almost 400 points. The outlook suggests there is still room for upward movement. Buy on dips, and those holding positions can continue to observe.
I am still holding bull certificates and added more positions just before the close. I hope the bull certificates grow quickly.
As the trend gradually strengthens, I did my homework today and updated several resistance levels for future use when necessary.
Support/Resistance Spot Reference:
Resistance levels: 27,200, 27,350, 27,420, 27,500, 27,750, 27,900, 28,050
Support levels: 27,050, 26,820, 26,920, 26,750, 26,670, 26,550, 26,450
When predicting the trend of the Hang Seng Index, in addition to referencing the dynamics of Hang Seng Index futures, one can also refer to the performance of constituent stocks, such as $TENCENT (00700.HK)$ $BABA-W (09988.HK)$ $HSBC HOLDINGS (00005.HK)$ $AIA (01299.HK)$ $MEITUAN-W (03690.HK)$ $CCB (00939.HK)$ $CHINA MOBILE (00941.HK)$ $HKEX (00388.HK)$ These are the eight major component shares...

$Hang Seng Index (800000.HK)$ $HSI Futures Current Contract (HSIcurrent.HK)$ Yesterday, the market opened 95 points higher and fluctuated after the opening. The lowest point was 26,619, and it closed at 26,765, up by 16 points. From the overall situation, there has been no significant change for now. At the close, it remained above 26,600, still on a high platform, and the trend remains stable for now. Although there have been three consecutive trading days of high openings and low closings, the buying pressure is strong and the trend is temporarily stable. Investors holding positions may continue to observe.
Support/Resistance Spot Reference:
Resistance levels: 26,820, 26,920, 27,050, 27,200, 27,350, 27,420, 27,500
Support levels: 26,750, 26,670, 26,550, 26,450, 26,300, 26,200, 26,050, 25,950, 25,880
When predicting the trend of the Hang Seng Index, in addition to referencing the dynamics of Hang Seng Index futures, one can also refer to the performance of constituent stocks, such as $TENCENT (00700.HK)$ $BABA-W (09988.HK)$ $HSBC HOLDINGS (00005.HK)$ $AIA (01299.HK)$ $MEITUAN-W (03690.HK)$ $CCB (00939.HK)$ $CHINA MOBILE (00941.HK)$ $HKEX (00388.HK)$ These are the eight largest weighted component stocks with very good reference value...