The Golden Cross is a precaution against false cows

After 3 months of successive waves, Hong Kong stocks eventually appear "gold cross" technical good signal.　　In the past 5 years, the 50-day moving average of the Hang Seng index rose again through the 250-day moving average and, according to previous records, more than 15% increases were recorded in the 1-year period following the signal.　　However, investors should not be taken lightly, cautious defense is only "false cow" (false breakthrough). The Hong Kong Economic Daily reported that in the past 10 years, there had been 3 "gold crosses" in the HSI. After 1 years of the "golden Cross" of the HSI in 2002, the impact of the Shahi fell 14.8%;2003 and the "Gold Cross" was also seen in 2004, with an increase of 17.8% and 15.7% respectively in the subsequent 1 years. In the 3 months following the gold Cross in 2003, the city recorded an increase of 19%.　　However, the short-term performance of the gold intersection after the Hang Seng index has been repeated, and no clear trend has been found.　　The so-called "gold cross", refers to reflect the stock market index, short-term trend (20 days, 50 days) of the moving average line, up to reflect the long-term trend (100 days, 200 days) of the moving average, and the deal also can match, meaning the index with short-term power, upward breakthrough. In the "Golden Cross" of the moving average line, the "Golden Cross" formed by the 50-day line and 250-day line is recognized as the most enlightening role for the future.