CM Trade

Download APP to receive bonus

GET

Hang Seng Index: To rise to rise

2023-09-06
512
Basic face analysis:

On Wednesday (September 6), the market rumored that the real estate industry had a strong stimulus policy, and the increase in real estate stocks increased significantly in the afternoon to drive the market atmosphere. The three major index of Hong Kong stocks rose in the afternoon, and the HSI was basically closed. Looking forward to the market outlook, although the recent cooling of the labor market data has relieved the market's expectations of the US interest rate hike rhythm, the short -term trend of the egg port stock market is cautious.

HK50 four hours



Technical analysis:

Looking at the 4-hour chart, the HSI rebounded slightly at 18250, and the MACD volume could shrink on the zero axis. It supports the support near 18250-18000, and the resistance is near 18700-19000.

Resistance position: 18700 19000
Support bit: 18250 18000

Trading strategy: Bull above 18250, target 19700 19000
Alternative strategy: Shisting below 18250, target 18000 17700

The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.

Free Access
Daily Trading Strategy
Download Now

CM Trade Mobile Application

Economics Calendar

More