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Hsi futures saw intraday volatility
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HSI futures saw intraday volatility, swinging between 17,540 and 17,760, as traders reacted to mixed macro data from China. Short-covering activity helped the index close above the dayβs midpoint level. Cutting HSI funding threatens that path. YVC could lose $1.5 million from a Relevance Project grant β money that opens doors for low-income students, Hispanic and non-Hispanic alike. Stripping these resources stifles career growth, economic opportunity and the promise of a stronger Yakima Valley. Hang Seng (HSI1!) has been trading within a Bullish Megaphone for the past 13 months and since the 1D MA200 (orange trend-line) rebound on January 13 2025, it is unfolding the new Bullish Leg. The previous two both went on to price a Higher High on the 3.0 Fibonacci extension. If this holds on this sequence too, then we are looking for a 27,500 Target price as the new top of the Bullish Megaphone. Notice also how a 1W Bullish Cross always comes to confirm the new Bullish Leg shortly after the bottom is priced. ------------------------------------------------------------------------------- " Please LIKE π, FOLLOW β , SHARE π and COMMENT β if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. " ------------------------------------------------------------------------------- πΈπΈπΈπΈπΈπΈ π π π π π π Traders cited profit-taking ahead of Fridayβs U.S. payrolls data, which could sway Fed rate policy and indirectly impact Hong Kong equities.