The Hang Seng Index (HSI) is a market capitalization-weighted stock market index in Hong Kong, representing the performance of the largest companies listed on the Hong Kong Stock Exchange.
Elliott Wave theory is used to analyze HSI price movements by identifying recurring wave patterns, helping traders predict future market trends and potential turning points.
Elliott Wave analysis provides a framework for understanding market psychology, identifying potential entry/exit points, and forecasting price movements in the Hang Seng Index.