Brief analysis of fundamentals:
Hong Kong's Hang Seng Index closed up 77.25 points, or 0.39%, at 19673.45 points on December 14 (Wednesday). The market waited for the Fed's interest rate decision. Up 0.34%, the three had turned down in early trading, large technology stocks generally rose, Baidu rose 3.59%, Baidu, Meituan, Tencent rose more than 2%; Internet medical stocks fell the most, semiconductor stocks opened higher and lower, Hua Hong Semiconductor stocks fell by more than 10%, which almost wiped out yesterday's gains. Catering stocks, pork concept stocks, and automobile stocks performed sluggishly throughout the day. The net inflow of southbound funds was 926 million Hong Kong dollars, and the market turnover was 136.3 billion Hong Kong dollars.
HSI HK50 4-hour chart
Brief technical analysis:
The 4-hour chart: the high level is maintained in the short term, the volatility space is gradually narrowing, the short-term bullish sentiment remains, the MACD indicator is in the bullish area, and the RSI indicator is hovering weakly on the side of the 50 balance line;
Long-short turning point: 19563
Suppression: 19933, 20237
Support: 19214, 18901
Trading strategy: Bullish above 19563, target 19933, 20237
Alternative strategy: bearish below 19563, target 19214, 18901