Hang Seng Index Futures : Rejected By The 50-Day SMA Line
Hang Seng Index Futures : Rejected By The 50-Day SMA Line
The latest price action reaffirms that the 50-day SMA line is acting as a resistance point. 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的上漲受到50日SMA線的壓制，下跌307點並收於18,059點。
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）的一份通訊中表示，指數昨日開盤於18,368點，一度升至當日高點18,424點，午後市場情緒轉弱後，HSIF跌至當日最低點17,966點，最終收盤。
In the evening, the index declined 179 pts further and last traded at 17,880 pts.
晚間，該指數下跌179點，最後報於17，880點。
The latest price action reaffirms that the 50-day SMA line is acting as a resistance point.
最新的價格走勢再次證實50日SMA線作爲支撐位的作用。
In the event the index falls below the 20-day SMA line, the bears will grow stronger.
如果該指數跌破20日SMA線，看跌趨勢將會加強。
Towards the upside, expect strong selling pressure to emerge at 18,500 pts.
向上看，預計18,500點將出現強烈的拋售壓力。
The bearish structure should be intact as long as the index stays below the 18,500-pt level.
只要該指數保持在18,500點以下，看跌局面就應該依然存在。
For now, they made no change to their negative trading bias.
目前，他們沒有改變其負面交易偏見。
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還指出，建議交易者持有於5月30日收盤（18,126點）開空的倉位。
To minimise the trading risks, the stop-loss is set at 18,500 pts.
爲降低交易風險，止損價位設在18,500點。
The nearest support is located at 17,500 pts, followed by 17,000 pts.
最接近的支撐位位於17,500點，其次是17,000點。
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點，其次是19,000點。
