Hang Seng Index Futures : Rejected By The 50-Day SMA Line
Hang Seng Index Futures : Rejected By The 50-Day SMA Line
The HSIF's upside movement was capped by the 50-day SMA line, and it retraced by 307 pts and closed lower at 18,059 pts.
HSIF的上涨受到50日SMA线的压制，下跌307点并收于18,059点。
RHB Retail Research (RHB) in a note today (July 16) said yesterday, the index opened at 18,368 pts, rose to print the day's high of 18,424 pts before market sentiment shifted in the afternoon – whereupon the HSIF retreated to the day's low of 17,966 pts before the close.
RHb Retail Research (RHB)在今天（7月16日）的一份通讯中表示，指数昨日开盘于18,368点，一度升至当日高点18,424点，午后市场情绪转弱后，HSIF跌至当日最低点17,966点，最终收盘。
In the evening, the index declined 179 pts further and last traded at 17,880 pts.
晚间，该指数下跌179点，最后报于17，880点。
The latest price action reaffirms that the 50-day SMA line is acting as a resistance point.
最新的价格走势再次证实50日SMA线作为支撑位的作用。
In the event the index falls below the 20-day SMA line, the bears will grow stronger.
如果该指数跌破20日SMA线，看跌趋势将会加强。
Towards the upside, expect strong selling pressure to emerge at 18,500 pts.
向上看，预计18,500点将出现强烈的抛售压力。
The bearish structure should be intact as long as the index stays below the 18,500-pt level.
只要该指数保持在18,500点以下，看跌局面就应该依然存在。
For now, they made no change to their negative trading bias.
目前，他们没有改变其负面交易偏见。
RHB also noted that traders are recommended to hold on to the short positions initiated at the close of 30 May (18,126 pts).
RHb还指出，建议交易者持有于5月30日收盘（18,126点）开空的仓位。
To minimise the trading risks, the stop-loss is set at 18,500 pts.
为降低交易风险，止损价位设在18,500点。
The nearest support is located at 17,500 pts, followed by 17,000 pts.
最接近的支撑位位于17,500点，其次是17,000点。
Towards the upside, the nearest resistance is still at 18,500 pts, followed by 19,000 pts.
向上看，最接近的阻力位仍然是18,500点，其次是19,000点。