Hang Seng Index: range fluctuation

Hong Kong Hang Seng Index closed down 551.25 points, or 2.56%, at 21008.34 on June 22 (Wednesday); The main indexes of Hong Kong stocks showed a unilateral decline throughout the day, and the decline further expanded in the afternoon. The Hang Seng technology index fell by 4.37% and fell to 4600 points again. The strength of Chinese stocks in US stocks failed to drive the rise of Hong Kong technology stocks overnight. JD fell by more than 6%, Kwai, meituan and Alibaba all fell by more than 4%. Online education stocks rose again, and New Oriental online rose by more than 10%.

According to the 4-hour chart, the lower rail section in the Bollinger belt index channel was in rectangular vibration for a short time. During this period, the nodes in the lower rail section were searched back and forth for many times. The Bollinger belt index was in closing translation. The MACD index was in weak hovering near the 0 axis, and the RSI index was in narrow consolidation near the 50 equilibrium line;

Long short turning point: 21099

Pressing position: 21459, 21857

Support position: 20522, 20148

Trading strategy: bearish below 21099, target 20522, 20148

Alternative strategy: bullish above 21099, goals 21459 and 21857