Hang Seng Index: bulls keep rising

Hong Kong Hang Seng Index closed up 395.68 points, or 1.87%, at 21559.59 points on Tuesday, June 21; Major indexes of Hong Kong stocks performed strongly, with Hang Seng technology index up 2.21%. The rise of large-scale technology stocks contributed to the rise of the market, while Hong Kong banking stocks, gas stocks, coal stocks, mobile games stocks and large financial stocks generally rose.

According to the 4-hour chart: after a long period of narrow amplitude oscillation in the middle and lower rail section of the Bollinger belt index channel, the Bulls waited for the opportunity to enter, broke through the middle rail strongly and entered the middle and upper rail section to vibrate and pull up. The Bollinger belt index was closing and moving, the MACD index was weak on the upper side of the 0 axis, and the RSI index began to move up after narrow amplitude consolidation near the 50 equilibrium line;

Long short turning point: 21773

Pressing position: 21857, 22212

Support position: 20921, 20522

Trading strategy: bullish above 21773, target 21857, 22212

Alternative strategy: bearish below 21773, target 20921, 20522