U.S. confidence continues to rise

Li Weicheng U.S. stocks by the consumer sentiment continues to improve significantly and commodity futures prices rose, and other factors support even the two days, material to make the city first break 18,286 and gather quantity again war 19,291, Shou 17,834 will not need to fill the gap 16,992 to 17,396. Wall Street's three biggest indices rose on May 29: (1) The Dow Jones index closed at 8,500.33, Rose 98.53, and (2) the standard and poor indexes rose 12.31, 919.14, and (3) The Nasdaq rose 22.54, and 1,774.33. The New York has been able to move up quickly because of the following: (a) Forward-looking data performance is good, especially (i) The University of Michigan consumer sentiment index climbed to 68.7 in May, not only is it higher than the April 65.1 and market estimates of 68, but the highest level since September 2008, along with the consumer confidence index released on 26th, suddenly rose sharply to 54.9 in May and far above the one-month-old 40.8, to a certain extent, reflecting the pace of a series of data-marked recessions Easing the rally will help boost consumer retailing, which has a significant impact on the economy.　　By the Supply Management Association (ISM) The Chicago purchasing Managers ' index was lowered from 40.1 in April to 34.9 in May, and (iii) the negative impact of gross domestic product (GDP) contraction of 5.7% in the first quarter.　　(b) The continued transfer of funds from the United States dollar to different markets, including commodity Futures, the New York oil futures close to 66.31 U.S. dollars per barrel and a further 1.23 U.S. dollars, while the gold and silver prices are rising, reflecting investors gradually agree that the U.S. economy even if the recovery has not yet seen, but at least give people a sense of slowing down the pace of decline. HONG Kong stocks May 29 closed 18,171, a further 285.73 points. After the fake market and is precisely the last trading day in May, the turnover is still as high as 92.165 billion yuan, with the promotion of the city. The Hang Seng index Yin and Yang candle Day line is the Yang Candle Hammer: (1) 9RSI in the upper end of the bottom of the lower axle higher, short-line potential strong; (2) The stc%k of the bottom of the back to climb to the top of the super buying area 88.85, not to change the short-term technology back to the set of Signals, (3) Dmi+di to expand the bottom of the-di ' cattle gap ', the median line Qiao;　　4) MACDM1 and Line M2, diff from the negative side back to the square, the midline to the good. Maintain the ' cautious optimism ' of Hong Kong stocks on the grounds that (a) the continuation of U.S. stocks with the data. and (b) The Hong Kong Stock index Day line chart of 10 days after the 250-day line, 20 days to climb to 17,044 in the end of May, but also the first 250 days of 16,981, and 50-day line is also steadily up to 250 days from the line is still up to 1,498 points,　　However, with the current daily rate of about 130 to 140 points at a narrowing gap between 11 and 12 trading days, it is expected to form a median ' golden cross ' good state. Estimated short-term meeting of Hong Kong Stocks (1) 18,286 and (219,291. The medium-term is a measurable rise target of 21,278 per 10,676 neck line 15,977.　　If you keep the 17,834, you will not need to fill the gap 17,156 to 17,682, or even the May 27 rise of the gap 16,992 to 17,396. Hang Seng Index resistance level and support position estimated initial resistance level 18286 strong resistance level 18650 initial support bit 17834 strong Support bit 17682