U.S. stocks soar on Hong Kong market

Li Weicheng New York City by Federal Reserve Chairman Ben Bernanke seems to be expected to re-election, and then sharply higher, favorable for the Hong Kong City drum its successively regained 17,710 and 18,060 after the two, fill the gap 18,499-18,236, the accumulation of small double top. Wall Street's three biggest indices halted the recent rise in the cowhide trend: (1) The Dow Jones index closed at 172.54 points, (2) The 8,472.4 rose 19.32, 920.26, and (3) The Nasdaq rebounded 37.2, 1,829.54. The rally for U.S. stocks is clearly a bit far-fetched: (a) When Mr Bernanke testified at the U.S. congressional hearing, he was quite methodical about Washington's meddling in the alleged takeover of Merrill Lynch by the US bank, giving the Inquirer a good deal of relief by giving the market a sense of expectation that the prince would be expected to retire in January 2010.　　The prospect of re-election and the latest pretext for pushing up the U.S. stock market is a relatively positive reaction, though not satisfactory enough to reflect the confidence and support that investors seem to have in government policy since Mr Obama took office. (b) The performance of the new data is also not bad: (i) The latest revision of the United States gross domestic product (GDP) performance in the first quarter of 2009, from the original estimate of negative 5.7% to a negative 5.5%, above estimates, showing that the pace of the recession has not been as bad as expected, and that there is a tendency to slow down; offset (ii)　　New Shen The number of jobless benefits in the past week as of June 20 to 15,000 people and 627,000 people rushed: the labor market repeatedly, normal also! and (a) New York crude oil futures per barrel price closed 70.23 U.S. dollars, rose 1.56 U.S. dollars, LUN fell Dumbrant oil charge 69.78 U.S. dollars, also raised 1.45 U.S. dollars.　　(b) The New York period gold charge of 939.5 U.S. dollars per ounce, up 5.1 U.S. dollars. Hong Kong stocks June 25 closed 18,275.83, rose 382.88 points. The Hang Seng index Yin and yang candle on the daily line is two big Yang candle rising, the main technical indicators change to: (1) 9RSI bottom of the more central axis and down the track, a little bit stronger; (2) Stc%k also top to back Chi and the more%d and initially get rid of the trap of oversold area, there are short-term back pumping signal; (3) dmi+　　Di bottom back Chi continuously narrow to-di's ' bear Gap ', the midline seems gradually Qiao; (4) MACDM1 below the line M2 first see transverse movement, diff negative side turned up, slightly reduce the median. Maintaining the ' cautious optimism ' of Hong Kong stocks is due to the following: (a) the consolidation of the stock market in recent days still shows that the confidence and mood of the people in the markets are not bad, because the economic tone seems to be improving.　　(b) Shanghai and Shenzhen have not been caught up in the bad news. After a two-day rebound in the city, the cumulative rise of 736.67 points, compared to the Tuesday World Bank's "light" report of the fall of 521.18 points, rose 215.49 points or 42%, it is evident that the pace of the U.S. economic recession is indeed slowing down. EstimatedHONG Kong stocks may hold a fresh rise of 17,892 to 18,180, while the small double top neck line 17,710 has stronger support; the completion of a fall gap of 18,499 to 18,236, is expected to challenge 18,873 with the Dome 19,291. Hang Seng Index resistance level and support position estimated initial resistance level 18499 strong resistance level 18873 initial support bit 18060 strong Support bit 17920