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Asia-Pacific Market Post-Market Review

August 04, 202606:15 PM LocalReal-Time Market Data
Hang Seng (HSI)
25,853
-0.12%
TAIEX (Taiwan)
43,361
+0.56%
Straits Times (STI)
5,612
-0.30%
Volatility Index — CBOE VIX
15.8% Moderate
Hang Seng (HSI)
Strong Bullish
25,853
-0.12%
Intraday
Bullish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (71.8)Overbought
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Price respects the 20-day average at 24,899 as a floor, offering a constructive base for directional longs. The momentum gauge prints 72 — historically, readings above 65 precede short-term retracements in this name. On the MACD front, the histogram is positive and the fast line sits above the signal line — textbook bullish configuration. Volume is running cold at 0.0x the norm. Without broader participation, the current directional bias is vulnerable.
Support / Resistance
Support22,518
Resistance26,188
Moving Averages
21-day SMA24,838
50-day SMA24,595
100-day SMA25,188
200-day SMA25,729
Moving Average Trends
Bullish short-term cross (21-EMA crossed above 50-SMA) — Trend accelerating upward
Momentum (RSI)
RSI is extremely high at 71.8 (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 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 / Confluence
Higher Highs and Higher Lows (Uptrend Structure)
Fibonacci Retracements
LevelPrice
High (0.0%)26,188
23.6%25,322
38.2%24,786
50.0%24,353
61.8%23,920
78.6%23,303
Low (100.0%)22,518
Extensions
ExtensionPrice
Ext 1.13 (Up)26,665
Ext 1.272 (Up)27,186
Ext 1.618 (Up)28,455
Ext 1.13 (Dn)22,041
Ext 1.272 (Dn)21,520
Ext 1.618 (Dn)20,250
Trade Setup
Entry
25,853
Stop Loss
25,595
Take Profit
26,369
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)
Strong Bearish
43,361
+0.56%
Intraday
Bearish
Daily
Strong Bearish
Weekly
Bearish
Monthly
Bullish
RSI (45.4)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
The 20-day moving average at 43,944 now acts as overhead resistance — bears have reclaimed near-term control. RSI at 45 lingers below the midline — momentum remains in the bears' hands, though not yet at capitulation levels. The convergence-divergence oscillator is in bearish mode. Histogram expansion below zero signals sustained selling pressure. At 0.0x average volume, the move is thinly traded. Liquidity gaps could trigger sharp reversals on any catalyst.
Support / Resistance
Support39,385
Resistance48,219
Moving Averages
21-day SMA44,079
50-day SMA44,694
100-day SMA40,763
200-day SMA35,103
Moving Average Trends
Bearish short-term cross (21-EMA crossed below 50-SMA) — Trend accelerating downward
Momentum (RSI)
RSI at 45.4 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
Recent volume spikes on down-days warn of active distribution and seller dominance.
Chart Pattern / Confluence
Lower Highs and Lower Lows (Downtrend Structure)
Fibonacci Retracements
LevelPrice
High (0.0%)48,219
23.6%46,134
38.2%44,844
50.0%43,802
61.8%42,759
78.6%41,275
Low (100.0%)39,385
Extensions
ExtensionPrice
Ext 1.13 (Up)49,367
Ext 1.272 (Up)50,622
Ext 1.618 (Up)53,678
Ext 1.13 (Dn)38,236
Ext 1.272 (Dn)36,982
Ext 1.618 (Dn)33,925
Trade Setup
Entry
43,361
Stop Loss
44,308
Take Profit
41,465
Risk / Reward
2.0
Strong Sell
Top Options Strategies
Long Put79%
Buy OTM Put
Put Ratio Backspread79%
Sell 1 higher Put + Buy 2 lower Puts
Bear Put Spread76%
Buy Put + Sell lower Put
Straits Times (STI)
Strong Bullish
5,612
-0.30%
Intraday
Bearish
Daily
Strong Bullish
Weekly
Bullish
Monthly
Bullish
RSI (62.2)Neutral
OVERSOLDNEUTRALOVERBOUGHT
Analyst Summary
Buyers defend the 20-day SMA at 5,542 — the near-term trend structure remains intact. With RSI at 62, the momentum profile supports continued upside. The oscillator has headroom before overbought levels trigger caution. Momentum confirmation is bearish — MACD histogram negative and signal-line crossover pointing lower. Volume registers below average — the move lacks broad participation and is susceptible to reversal.
Support / Resistance
Support4,930
Resistance5,713
Moving Averages
21-day SMA5,529
50-day SMA5,289
100-day SMA5,118
200-day SMA4,900
Moving Average Trends
No significant recent moving average crosses.
Momentum (RSI)
RSI at 62.2 confirms strong buying momentum, with room to run before becoming extremely overbought.
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 / Confluence
Higher Highs and Higher Lows (Uptrend Structure)
Fibonacci Retracements
LevelPrice
High (0.0%)5,713
23.6%5,528
38.2%5,414
50.0%5,322
61.8%5,229
78.6%5,098
Low (100.0%)4,930
Extensions
ExtensionPrice
Ext 1.13 (Up)5,815
Ext 1.272 (Up)5,926
Ext 1.618 (Up)6,197
Ext 1.13 (Dn)4,828
Ext 1.272 (Dn)4,717
Ext 1.618 (Dn)4,446
Trade Setup
Entry
5,612
Stop Loss
5,574
Take Profit
5,686
Risk / Reward
2.0
Strong Buy
Top Options Strategies
Long Call64%
Buy OTM Call
Call Ratio Backspread64%
Sell 1 lower Call + Buy 2 higher Calls
Bull Call Spread61%
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.