Hong Kong stocks weak trend will continue winpm

Hong Kong stocks weak trend will continue in the Sina Hong Kong columnist Luo Xueming WeChat public number (xlgg-sina) from the perspective of the dollar index daily chart have peaked signal. However, the devaluation of the RMB exchange rate peaked signal has not yet happened, but in the downward trend in the devaluation of the RMB funds did not enter the Hong Kong stock market sharply grab chips, indicating that they are waiting for the arrival of Hong Kong stocks low. Thursday in Shanghai and Shenzhen two city shock consolidation, the Shanghai index fell 5 days, approaching the 3100 point mark, which belongs to the adjustment trend. Late in the brokerage sector, the banking sector to drive down a small V market, the main force in the city to carry the dead. At the close, the Shanghai Composite Index closed at 3112 points, down 3, turnover of 182 billion 237 million. Shenzhengchengzhi to close at 10788 points, down 28, turnover of 271 billion 681 million. On Thursday the Shanghai received a long lower shadow Doji, according to technical analysis this is a short-term bottom signal, indicating that the market outlook has rebounded. But from a political point of view, the devaluation of the RMB is still among the trend, the U.S. dollar against the yuan (USDCNY) short continued to gain the upper hand without the slightest idea of retreat. As long as the devaluation of the RMB market momentum has not been suppressed, there is no risk of a substantial decline in A shares, if the magnitude of the callback will not be too large. If the RMB devaluation momentum was down and unable to suppress the upside, indicating that the central bank to bear force, bears will be retreated, this time must beware of A shares fall risk. The main trend in the devaluation of the renminbi to carry the big city is intended to retain capital in the market, to avoid systemic risk due to the rapid escape of funds. Sometimes the market should consider both economic and political factors. SSE strong resistance of 3140, short-term support of 3088 points, strong support for the point of 3078. If Friday pulled the market, must be careful. 3140 points for strong resistance, the opportunity to break through the stabilization. Because of the recent devaluation trend is the main stock market stability has a large blue chip to lift the index, it is recommended to avoid the blue chips. After the systemic risk is not large, because many stocks recently rose little, mostly in the vicinity of the bottom position. So the next market will be heavy stocks, light blue chip. On Thursday, the Hang Seng index fall, fell to 23002 points, the city decline, as of the close, the Hang Seng Index closed at 23132 points, down 193 points, turnover of HK $58 billion 700 million. Hong Kong stocks are currently stronger than the short power of the bulls, the city is in the weak market. Investor sentiment is strong, the market has been hot point for the digestion of Shenzhen and Hong Kong through with Hong Kong stocks rose too much earlier (24364) after the fall into line track. The market outlook is not optimistic, the key to see the 23000 points will hold, will fall down to test 22800 points. Economic data released Wednesday evening showed that the U.S. trade deficit in September narrowed from $-590 to $-560 billion, the highest level since March 2016. At the same time, the United States in September the total number of new home sales (million) for 593 thousand, an increase of 3.1%, close to the year of July hit a high of nine相关的主题文章: