U.S. stocks call back on Hong Kong market

Li Weicheng U.S. stocks continued to be identified by institutional investors for short-term profit consolidation, and Hong Kong's Hang Seng index even if the "gold Cross", also have to fall back, such as Shou 17,710, there will not be a major downward adjustment, but will initially be subject to the first breach of the 18,499-18,236. Wall Street's three biggest indexes fell after a slump, but the decline was narrowed: (1) The Dow Jones index closed 8,504.67, that is, after 187.13 points fell 107.46 points again, (2) The standard and poor, and then fell 11.75 points, 911.97; (3) The Nasdaq index fell 20.2 points to 1,816.38. The major adjustments to the stock index were due to (i) a decrease in the number of institutional investors looking at the difference in the performance of the new data (i) 1.1% reduction in industrial production in May, below the estimated 1% per cent and equipment utilization of 68.3%, slightly below the expected 68.4%, is interpreted as an industry dilemma; The construction volume of the new housing project rebounded substantially by 17.2% to 532,000 and above the forecast of 485,000, and the building approvals also increased by 4%, but did not reduce the pressure on the banknotes. From the (b) Morgan Stanley's rebound from the March rally, not a bull market, it can be seen that the big line is doing everything possible to find an excuse to make profit back.　　As long as the data is more stable, the stock of the U.S. not cattle also rebound. US President Barack Obama's latest financial rhetoric still faces a pragmatic vision of reality: (A) Acknowledging that unemployment is still deteriorating and that unemployment will rise by 10% per cent in 1983 years, but stressing that the economy is starting to regain momentum; (B) The budget deficit was reduced by $20 billion in 2009,　　The projected $1.379 trillion trillion in 2010 was raised to $1.43 trillion, which is a structural fiscal deficit and is actively addressed. (a) New York crude oil futures closed 70.47 U.S. dollars per barrel, down 0.15 U.S. dollars, London Brent period oil charge of 69.44 U.S. dollars, unchanged.　　(b) The New York period gold charge of 932.21 U.S. dollars per ounce, slightly yang 4.7 U.S. dollars. Hong Kong stocks closed June 16 18,165.5, down 333.46. The Hang Seng Index Yin-yang candle Day is a candle top and ' Three Crows ': (1) 9RSI top back below the descending rail force in the shaft, short-term potential weak; (2) Stc%k bottom and below%d, the Super Buy area Edge 74, there is a short-term solid signal; (3) Dmi+di also top back and extended to-di '　　Ox Gap ', the midline tends to flatten evil; (4) The MACDM1 line m2,diff the negative side down, the midline turn pale. But the "cautious optimism" of Hong Kong stocks has been maintained for the time being, citing (a) the repeated rally of the U.S. stock market over the past two or three months, with no confirmation of a bull's return, but a "big line" that does not change the data. (b) The Shanghai and Shenzhen markets are stabilizing. The city of Hong Kong lost 18,171 to 18,500 of the end of the breach, but did not immediately next try to 18,967 and 19,162 respectively of the double top neck line 17,710, and the HSI Day map of the early yellowGold Cross ' good technology trend, the estimated loss is not necessarily a sharp setback.　　If the short-term replacement fall 18,499-18,236, it is expected to enter another 18,873, can be pointed at the Dome 19,291, still can try the other three targets (1) 19,291, (2) 19,869 and (3) 20,841 respectively. Hang Seng Index resistance level and support position estimated initial resistance level 18236 strong resistance level 18499 initial support bit 17710 strong Support bit 17620