Sunday 26 July 2009

(3) Hang Seng Index moving average 4 weeks and 34 weeks of the relationship between moving average

Hang Seng Index moving average four weeks and 34 weeks moving average of the relationship: --
Hang Seng Index moving average four weeks or 34 weeks to wear Moving Average (April 2009) and can be stabilized on their significance on behalf of the rise of a new wave has been the birth of the movement is a wave higher than the form of a running wave .
As for the Hang Seng Index closed 2 May 2008 was back to 26,173, the Hang Seng Index moving average four weeks or can not wear 34 weeks moving average can be stabilized in the last, so without success, because the city-state stage in the trend .... is falling, and ultimately fell to 10676 (27 Oct 2009) to bottom (a high reference).
City on the rise, the previous four weeks when the Hang Seng Index below the moving average line (approximately equivalent to 20 days moving average), below 34 weeks moving average hold stocks should not relax, could mean to be short-term market peaked shall leave the final in order to preserve their strength and then the bottom left to re-absorb the high-quality stocks to meet the increase in the next big wave (and aggressive investors can short sell the index futures / options / shares to profit). PS 4-week moving average line and the 34 weeks moving average line also apply to U.S. Dow index and S & P 500.

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