Sunday 26 July 2009

(2)Movements of the Hang Seng Index Forecast and Share

See the sharp reduction in the size of a wave surge (19,502.37 +696.7 ~ 20 July 09 'waves this adjustment so that a lot of people really confused) ... This is my observation of many years of experience in the market, so handy! Reasons: (1). weekly 14 RSI has not fallen below 50, the representative may continue to rise shortly after. (2). ,.... subsequent rebound from the 17,185 higher than 6.9%. 3). HSI average balance of 50 (this line is very important) is just below one day, then rose back to its last, proved to be false below. (4). futures / options positions have increased ... (5) A number of the shares in recent weeks has been adjustments to the March low in June rose to a high percentage of the total increase in the level of 0.382, that is, the adjustment has already begun, but some of the shares is not significantly down, and always stand on high, the index only returned 10.3% (19,161>> 17,185), so Hang Seng Index is very difficult to know to see 42 to adjust a lot of the original stock, a rebound from the 17,185 higher than the 6.9% ,.... then I saw the Hang Seng Index over the entire 42 shares index charts (with the technical analysis can be know that they are short-term trend), find that they were each adjusted to increase finished .., so the forecast will be broken shortly after the 19161-17185 level ... there are about 1976 points around the district, a record high.

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