The market is worried about the volatility of the Hang Seng index when the Federal Reserve raises interest rates

Fundamental analysis:

On June 14 (Tuesday), Hong Kong Hang Seng Index closed up 0.41 points, or 0.0%, to 21067.99 points; Hong Kong stocks opened lower and went higher. In the afternoon, the three major indexes all turned red, and the market sentiment recovered significantly. Hang Seng technology index fell 0.06%, some large-scale technology stocks rose, meituan rose more than 3%, once fell nearly 2%. The rise of large-scale financial stocks led to the intraday success of the market, and the most obvious rise was in Chinese securities companies. The market is worried that the Federal Reserve will raise interest rates by 75 basis points this week, and the probability of the Federal Reserve's swap showing that the interest rate will be increased by 75 basis points in June rose to 76.6%.

Hang Seng Index hk50 - 4-hour K-line chart display:

Technical comments: the power of high short positions fluctuated and fell. After touching the nodes near 20572 of the brin zone index, they fluctuated. For a short time, they may be maintained in the middle and lower track range. The brin zone index is in the closing trend. MACD index is in the long region to maintain the shock and retreat, and RSI index is in the long region to maintain the shock and move down to the lower side of the 50 equilibrium line;

Multi empty turning point: 21129

Pressing position: 21501, 21886

Support position: 20572, 20200

Trading strategy: bearish below 21129, target 20572, 20200

Alternative strategy: bullish above 21129, goals 21501 and 21886

The above analysis is a personal point of view and is for reference only.