hang seng index trend analysis
$Hang Seng Index (800000.HK)$ It is estimated that in the next 2-3 weeks, there will be a chance to consolidate between 20500-19300, both bull and bear certificates will be killed, and improvement will only continue after the second short-term leg.
The performance in the next 1-2 months is relatively important. If it can close with a positive stability and Ma10 monthly line maintains an upward trend, there is a greater opportunity to confirm the reversal.
$Hang Seng Index (800000.HK)$ $Hang Seng TECH Index (800700.HK)$ In the short term, there is a good small head and shoulders bottom setup, but the overall trend is still weak.
$SSE Composite Index (000001.SH)$ $Shenzhen Component Index (399001.SZ)$ $Chinext Price Index (399006.SZ)$ Similar but showing better trends.
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liang wang199 : I only know that when I was trading Shanghai Stock Exchange stocks in China, whenever I heard good news, it was the highest point of the stock. Because big funds needed to sell at high points, they deliberately released good news to let retail investors take over. However, the main funds had already bought and established positions long ago when no one was interested in this stock. So I developed the habit of being afraid when I saw good news and selling stocks immediately.