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Asia-Pacific Market Post-Market Review

July 16, 202606:15 PM LocalReal-Time Market Data
Hang Seng (HSI)
25,009
+1.33%
TAIEX (Taiwan)
45,625
-0.01%
Straits Times (STI)
5,531
-0.51%
Volatility Index — CBOE VIX
15.8% Moderate
Hang Seng (HSI)
Strong Bullish
25,009
+1.33%
Intraday
Bearish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bearish
RSI (76.8)Overbought
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Price respects the 20-day average at 23,729 as a floor, offering a constructive base for directional longs. The momentum gauge prints 77 — historically, readings above 65 precede short-term retracements in this name. MACD histogram prints positive, confirming the bullish impulse leg is intact. Volume registers below average — the move lacks broad participation and is susceptible to reversal.
Support / Resistance
Support22,518
Resistance26,845
Moving Averages
21-day SMA23,765
50-day SMA24,793
100-day SMA25,305
200-day SMA25,808
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI is extremely high at 76.8 (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 has broken above the upper Bollinger Band, indicating strong upward strength but risk of reversion.
Volume Analysis
Recent volume is noticeably higher on up-days, signaling strong underlying buyer accumulation.
Chart Pattern / Signal
V-Shape Recovery / Double Bottom Formation
Fibonacci Retracements
LevelPrice
High (0.0%)26,845
23.6%25,824
38.2%25,192
50.0%24,681
61.8%24,171
78.6%23,444
Low (100.0%)22,518
Extensions
ExtensionPrice
Ext 1.13 (Up)27,407
Ext 1.272 (Up)28,022
Ext 1.618 (Up)29,519
Ext 1.13 (Dn)21,956
Ext 1.272 (Dn)21,341
Ext 1.618 (Dn)19,844
Trade Setup
Entry
25,009
Stop Loss
24,715
Take Profit
25,596
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call86%
Buy OTM Call
Call Ratio Backspread86%
Sell 1 lower Call + Buy 2 higher Calls
Bull Call Spread83%
Buy Call + Sell higher Call
TAIEX (Taiwan)
Neutral
45,625
-0.01%
Intraday
Bearish
Daily
Neutral
Weekly
Bullish
Monthly
Bullish
RSI (46.0)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Beneath the 20-day moving average (46,011), the tape is in distribution mode. Sellers control the structure. The 46 reading on the momentum gauge signals persistent softness. Sellers maintain the edge until a reclaim of the 50-line. MACD validates the bearish lean: histogram below zero and expanding in negative territory. The impulse leg is to the downside. Low-conviction tape — volume at 0.0x average means the move lacks the sponsorship for sustained follow-through.
Support / Resistance
Support39,967
Resistance48,219
Moving Averages
21-day SMA46,002
50-day SMA44,309
100-day SMA39,695
200-day SMA34,078
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI at 46.0 is well within the neutral zone, showing balanced momentum without extreme conditions.
MACD Analysis
MACD histogram is negative and expanding, indicating sellers hold a strong momentum advantage.
Bollinger Bands
Price is trading comfortably within the Bollinger Bands, representing normal historical volatility levels.
Volume Analysis
Volume trend is balanced, showing no decisive edge for either buyers or sellers.
Chart Pattern / Signal
Inverted V-Shape / Double Top Formation
Fibonacci Retracements
LevelPrice
High (0.0%)48,219
23.6%46,271
38.2%45,067
50.0%44,093
61.8%43,119
78.6%41,733
Low (100.0%)39,967
Extensions
ExtensionPrice
Ext 1.13 (Up)49,292
Ext 1.272 (Up)50,463
Ext 1.618 (Up)53,318
Ext 1.13 (Dn)38,894
Ext 1.272 (Dn)37,723
Ext 1.618 (Dn)34,867
Trade Setup
Entry
45,625
Stop Loss
45,036
Take Profit
46,802
Risk / Reward
2.0
Neutral
Top Options Strategies
Calendar Spread88%
Sell near-term + Buy far-term (same strike)
Iron Condor66%
Sell OTM Put Spread + Sell OTM Call Spread
Butterfly Spread66%
Buy 1 Lower + Sell 2 Middle + Buy 1 Upper
Straits Times (STI)
Strong Bullish
5,531
-0.51%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (84.6)Overbought
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
With price anchored above the 20-day moving average (5,308), the short-term trend channel favours continuation higher. At 85 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. Below-average volume undermines conviction in the current direction. Confirmation requires a pick-up in participation.
Support / Resistance
Support4,895
Resistance5,561
Moving Averages
21-day SMA5,304
50-day SMA5,142
100-day SMA5,036
200-day SMA4,827
Moving Average Signals
No significant recent moving average crosses.
Momentum (RSI)
RSI is extremely high at 84.6 (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 / Signal
Higher Highs and Higher Lows (Uptrend Structure)
Fibonacci Retracements
LevelPrice
High (0.0%)5,561
23.6%5,404
38.2%5,307
50.0%5,228
61.8%5,150
78.6%5,038
Low (100.0%)4,895
Extensions
ExtensionPrice
Ext 1.13 (Up)5,648
Ext 1.272 (Up)5,743
Ext 1.618 (Up)5,973
Ext 1.13 (Dn)4,808
Ext 1.272 (Dn)4,714
Ext 1.618 (Dn)4,483
Trade Setup
Entry
5,531
Stop Loss
5,497
Take Profit
5,599
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call80%
Buy OTM Call
Call Ratio Backspread80%
Sell 1 lower Call + Buy 2 higher Calls
Bull Call Spread77%
Buy Call + Sell higher Call
Market Search Previews
Key Takeaway
Cross-reference Hang Seng tech sector beta with China PMI surprises for institutional flow-driven Asia-Pacific strategies.
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⚠ 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.