U.S. stocks sharp setback Xunji

Source: Internet
Author: User
Keywords US government Hang Seng index rift
Tags .net closed force index market market participants net short-term
Li Weicheng U.S. stocks in the past two days with the debt market first sharp setback Xunji bomb, the Hong Kong city because of the Dragon Boat Festival holiday to avoid a robbery, material in the new 16,992 to 17,396 support, and in the repeated favoured Li Shi the first short-term goal 18,286. On May 28, Wall Street's three biggest indices rebounded: (1) The Dow Jones index closed 8,403.8, rebounded 103.78 points, and regained the 27th 173.47-point loss, and largely maintained the 26th 8,473.49 and 196.17-point net growth points; (2) The S & P index also rose 13.77 points to 918.33; (3) The Nasdaq index climbed 20.71 points and received 1,751.79. There are so big variations in U.S. stocks because: (a) market participants have divergent views on US bonds, and (i) the yield on 10-year notes has been lowered to 3.62% per cent, reflecting investors ' concern about the US sovereign rating of the Snow | The UK is also under threat of a debt downgrade, but (ii)  The United States Government on 28th, the auction of 26 billion U.S. dollars in 7-year bonds, the response to the ideal, so that the bond market, in turn, as a driving force for the stock market, a great deal of rain. (b) The new data are still dominated by the slick: (1) The number of New Shen jobless benefits was 623,000 by 13,000 as at May 23, so that market participants looked forward to the bottom of the job market, and (2) durable goods orders increased by 1.9% in April, much higher than expected 0.5%, The highest since December 2007, even if (3) The sale of new homes in April only increased by 0.3% and the number of broken cases in the first quarter of the 9.12%, but the New York rebound has not been bad effect.  It is clear that the market sentiment on Wall Street is only slightly more threatening to change, and it will be stabilized. HONG Kong stocks May 27 closed 17,885.27, soaring 893.71 points. The turnover increased to 93.056 billion yuan. Hang Seng index Yin and Yang candle day line with big Yang candle soaring, destroy on the Japanese candle ' Shooting Star ': (1) 9RSI in the top of the upper end to the bottom of the back of the lower rail to go higher, short-term strong, (2) Stc%k also top to the bottom of the back to go up to the super buying area of 84.785, not to change the short-term technology back to set the signal; (3) DMI  +di also the top of the back to expand the-di ' cattle gap ', the midline slightly more Qiao; (4) MACDM1 back to force the line m2,diff in the negative side of the fall back to Yang, the centerline of stability. Maintain the ' cautious optimism ' view of Hong Kong stocks for the reason that (a) U.S. stock in the United States Government to make a 3rd auction for 2 years, the 5-year and 7-year bond activities are over, and the most worrisome 7-year auction is still a good one, making the Dow, which remains the result of the 26th surge, immune to the worries of investors, including Hong Kong. (b) ' hot money ' inflow to promote the stock market, so that Hong Kong stocks not only increase the gap 17,156 to 17,682, and the force of eight, but the eight non-rise target, short-term to see (1) 18,286 and (219,291. The medium-term is a measurable rise target of 21,278 per 10,676 neck line 15,977.  Just built up the RIP 16,992 to 17,396 support, the short line of course there is no need to explore 16,789 and 16,740 intervals. Hang Seng Index resistance level and support position estimated initial resistance level 17984 strong resistance level 18286 initial support bit 17348 strong Support bit 16992
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