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Asia-Pacific Market Post-Market Review

April 17, 202606:15 PM LocalReal-Time Market Data
Hang Seng (HSI)
26,160
-0.89%
TAIEX (Taiwan)
36,804
-0.88%
Straits Times (STI)
4,997
-0.21%
Volatility Index — CBOE VIX
18.2% Moderate
Hang Seng (HSI)
Strong Bullish
26,160
-0.89%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (61.0)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The short-term moving average at 25,446 holds as support, keeping the 20-day trend channel intact for now. Momentum holds constructive at 61 — firmly in bullish territory with room to run before the tape gets stretched. MACD confirms the directional momentum: histogram above zero and widening. The impulse leg has room to extend. Below-average volume undermines conviction in the current direction. Confirmation requires a pick-up in participation.
Support / Resistance
Support24,204
Resistance27,887
Moving Averages
21-day SMA25,466
50-day SMA26,003
100-day SMA26,077
200-day SMA25,830
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 61.0 confirms strong buying momentum, with room to run before becoming extremely overbought.
MACD Analysis
MACD is expanding positively, highlighting that buyers are firmly in control of momentum.
Bollinger Bands
Price is trading comfortably within the Bollinger Bands, representing normal historical volatility levels.
Volume Analysis
Recent volume is noticeably higher on up-days, signaling strong underlying buyer accumulation.
Chart Pattern
V-Shape Recovery / Double Bottom Formation
Fibonacci Retracements
LevelPrice
High (0.0%)27,887
23.6%27,018
38.2%26,480
50.0%26,045
61.8%25,611
78.6%24,992
Low (100.0%)24,204
Extensions
ExtensionPrice
Ext 1.13 (Up)28,366
Ext 1.272 (Up)28,889
Ext 1.618 (Up)30,164
Ext 1.13 (Dn)23,725
Ext 1.272 (Dn)23,202
Ext 1.618 (Dn)21,927
Trade Setup
Entry
26,160
Stop Loss
25,894
Take Profit
26,692
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call66%
Buy OTM Call
Call Ratio Backspread66%
Sell 1 lower Call + Buy 2 higher Calls
Short Put (Cash-Secured)63%
Sell OTM Put
TAIEX (Taiwan)
Strong Bullish
36,804
-0.88%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (70.3)Overbought
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
With price anchored above the 20-day moving average (34,156), the short-term trend channel favours continuation higher. RSI has climbed to 70, putting the tape in overbought territory. New directional longs carry elevated reversal risk. The moving-average convergence divergence oscillator supports the bull case — histogram expanding above the zero line. Volume registers below average — the move lacks broad participation and is susceptible to reversal.
Support / Resistance
Support31,164
Resistance37,146
Moving Averages
21-day SMA34,166
50-day SMA33,600
100-day SMA31,174
200-day SMA28,036
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI is extremely high at 70.3 (Overbought), indicating price is extended and a pullback is likely.
MACD Analysis
MACD is expanding positively, highlighting that buyers are firmly in control of momentum.
Bollinger Bands
Price is trading comfortably within the Bollinger Bands, representing normal historical volatility levels.
Volume Analysis
Recent volume is noticeably higher on up-days, signaling strong underlying buyer accumulation.
Chart Pattern
V-Shape Recovery / Double Bottom Formation
Fibonacci Retracements
LevelPrice
High (0.0%)37,146
23.6%35,734
38.2%34,861
50.0%34,155
61.8%33,449
78.6%32,444
Low (100.0%)31,164
Extensions
ExtensionPrice
Ext 1.13 (Up)37,923
Ext 1.272 (Up)38,773
Ext 1.618 (Up)40,842
Ext 1.13 (Dn)30,387
Ext 1.272 (Dn)29,537
Ext 1.618 (Dn)27,468
Trade Setup
Entry
36,804
Stop Loss
36,355
Take Profit
37,703
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call72%
Buy OTM Call
Call Ratio Backspread72%
Sell 1 lower Call + Buy 2 higher Calls
Short Put (Cash-Secured)69%
Sell OTM Put
Straits Times (STI)
Strong Bullish
4,997
-0.21%
Intraday
Bearish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (66.2)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
With price anchored above the 20-day moving average (4,948), the short-term trend channel favours continuation higher. At 66 on the RSI, the asset is technically overbought. Momentum can sustain here, but the probability of a corrective pause rises. MACD histogram remains in positive territory, underpinning the current directional move. Volume is running cold at 0.0x the norm. Without broader participation, the current directional bias is vulnerable.
Support / Resistance
Support4,698
Resistance5,041
Moving Averages
21-day SMA4,949
50-day SMA4,939
100-day SMA4,811
200-day SMA4,561
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 66.2 confirms strong buying momentum, with room to run before becoming extremely overbought.
MACD Analysis
MACD is expanding positively, highlighting that buyers are firmly in control of momentum.
Bollinger Bands
Bollinger Bands are tightly squeezed, warning of an imminent explosive directional price move.
Volume Analysis
Volume trend is balanced, showing no decisive edge for either buyers or sellers.
Chart Pattern
Higher Highs and Higher Lows (Uptrend Structure)
Fibonacci Retracements
LevelPrice
High (0.0%)5,041
23.6%4,960
38.2%4,910
50.0%4,869
61.8%4,829
78.6%4,771
Low (100.0%)4,698
Extensions
ExtensionPrice
Ext 1.13 (Up)5,086
Ext 1.272 (Up)5,135
Ext 1.618 (Up)5,254
Ext 1.13 (Dn)4,653
Ext 1.272 (Dn)4,604
Ext 1.618 (Dn)4,485
Trade Setup
Entry
4,997
Stop Loss
4,970
Take Profit
5,052
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call63%
Buy OTM Call
Call Ratio Backspread63%
Sell 1 lower Call + Buy 2 higher Calls
Short Put (Cash-Secured)60%
Sell OTM Put
Market Search Previews
Key Takeaway
Analyze BOJ yield curve control policy signals alongside Nikkei 225 vol surface for cross-asset positioning in the Asian session.
⚠ Disclaimer: This analysis is for educational and informational purposes only. It does not constitute financial advice. Options trading involves significant risk of loss. Past performance does not guarantee future results. Always conduct your own research and consult a qualified financial advisor before making any investment decisions.