Basic analysis:
Hong Kong Hang Seng Index closed up 88.91 points, or 0.42%, at 21163.91 points on June 20 (Monday); The main indexes of Hong Kong stocks opened lower and went higher, maintaining a volatile market in the afternoon. Hang Seng technology index rose 0.09%. The linkage between the major stock indexes in the world is very strong, and it is difficult for the global stock markets, including a shares, to go out of the independent market for a long time.
HSI hk50 4-hour chart
Technical analysis:
According to the 4-hour chart: in the short term, it was entangled in the narrow and weak vibration of the middle and lower rail section of the brin belt index channel. During this period, it repeatedly spied the nodes of the middle and lower rail section. The brin belt index continued to move in a translational trend, the low bulls showed signs of concussion moving up near the middle rail, the MACD index hovered near the 0 axis, and the RSI index was in the narrow consolidation near the 50 equilibrium line;
Long short turning point: 20768
Pressing position: 21407, 21857
Support position: 20377, 20057
Trading strategy: upward bullish on 20768, target 21407, 21857
Alternative strategy: bearish below 20768, target 20377, 20057