U.S. stocks hope to Shanki the neck line of Hong Kong city

Li Weicheng U.S. stocks in investors are looking forward to the announcement of the company's quarterly performance ideal support, and then a comprehensive rebound, the material is beneficial to the port city regained head and shoulders top neck line 17,376, or temporarily under the cover to create a fall of 17,708 to 17,612. Wall Street's three main indices are on the rise: (1) The Dow Jones 8,331.68, soaring 180.16 points, (2) The standard and poor index rebounded 21.92 points, 901.05, (3) The Nasdaq continued to raise 37.18 points, 1,793 21. New York can resume the pace of repeated higher, because (a) a broker to sing good Goldman Sachs, the view that its quarterly performance is more than expected and recommended to buy, is to affect the Bank of America, JPMorgan Chase, Express, Citigroup and other banking and financial stocks generally made good, benign vision spread to the recent distribution of the results of the list of Intel, General Electric and Johnson and other shares　　, the atmosphere has improved.　　(b) U.S. Treasury Secretary Timothy Geithner responds to the prospect of a formal recovery in the market with speculation about the US economy or a recession. Stressing that (i) the US and the global economy are ' not going to have a double-dip recession ' and are expected to recover at different levels in the next few quarters, and (ii) the US government's measures to save the financial sector have made significant progress. Commodity Futures (a) New York crude oil futures close to 59.59 U.S. dollars per barrel, down 0.2 U.S. dollars, LUN fell Dumbrant oil 60.68 U.S. dollars, up 0.17 U.S. dollars.　　(b) The New York period gold charge of 922.5 U.S. dollars per ounce, also rose 10 U.S. dollars. HONG Kong stocks July 13 close 17,254 63, down 453.79 points. The Hang Seng index Yin and Yang candle day line is Cloudy candle: (1) 9RSI bottom back below the descending track and the middle axis, short-term turn weak; (2) The top of the stc%k is below%d down to the 19.88 of the oversold area, there are still short-term distribution signals, not seen after the form; (3) Dmi+di bottom and below-di bear gap , midline flattened; (4) MACDM1 top back Chi and line M2 double bear both lower, diff also in the negative side continued to fall, the midline is still light.　　Since Hong Kong has to make a more presentable technology consolidation, the hope is to return to stability. Remain "cautiously optimistic" about Hong Kong equities for the time being, but believe that the market is still in the process of repeated consolidation, and then seek to rebound after the road, because: (a) Wall Street fund to seek for the pretext of the first sell goods, so that once the performance of a long time, there will be consolidation.　　(b) The Shanghai and Shenzhen stock markets have also been dragged down by the Sell-off in the surrounding markets. Hong Kong stocks have formed the head and Shoulders top form, namely: (1) The head is June 12 19,162, (2) The left shoulder June 3 18,967 and (3) The right shoulder is June 30 18,883, and July 13 's low receipts 17,186, initially loses June 23 the neck line 17, 376, by the measurable fall target would be 15,590. However, when the market is not falling, the number of support areas to be dropped is (i) 16,992 to 17,396 of the May 27 increase;(ii) Another round bottom of the 16,740 and (iii) May 18 of May 22.16,334.　　It is not too difficult for the major city to make up the first 17,708 to 17,612 of the fall, and it is not too hard to see the short view too lightly, and for me to maintain a ' cautious optimism '. Hang Seng Index resistance level and support position estimated initial resistance level 17612 strong resistance level 17708 initial support bit 17180 strong Support bit 16992