The seven-day National Day holiday is about to end, although we rest, Hong Kong stocks \ US stocks are not less tossed, the old US side is the problem of debt, Hong Kong stocks have no news of the big fall, it looks quite scary. In fact, no matter what kind of news, it will eventually be reflected in the stock price. This is a saying that the technologist often says, and the stock price reflects all information.
So let's first take a look at the trend of the Hang Seng Index to see if there is a lot of risk. Let's start with the picture
The first circle on the figure can be seen as a platform, and the second circle is another platform. The stock price from the high point to the first platform, then to the second platform, and then to the present, the downward momentum of the stock price is not first large and then small, as long as the current position can be maintained. Then you can clearly see that the decline of potential energy is exhausted, and friends who have studied entanglement theory know that this is called backsliding. In fact, it is not so complicated, the essence is the exhaustion of energy. Since the falling energy is exhausted, it is not a reversal or a rise. Press from the MACD chart to see a bottom divergence pattern that is forming, indicating that everything is developing in a good direction, and what is missing at present is a few big Yang lines that boost popularity.
From another perspective, looking at the valuation, the current valuation of the Hang Seng Index is also at an all-time low, which is also in line with the conditions for rising.
Looking at our Shanghai Composite Index, the recent trend is still relatively critical, and now we have come to a crossroads, whether it is up or down depends on these days. Why say so, with the MACD golden fork dead fork resonance principle we mentioned earlier, it can be clearly seen that the weekly and monthly MACDs of the Shanghai Securities Are now smaller in the golden cross and face the risk of changing. From a small structural point of view, it is also very critical now, and whether the bottom divergence on the 60-minute divergence can be confirmed is the key node for us to keep an eye on the market in the next few days. Signs, the large market volume rises, all risks are exposed, the second half of October can be assured to participate. Otherwise be careful.
Summary: Hong Kong stocks are currently undervalued, and the current decline is only to scare people, there is no risk. And the bottom is forming, waiting for the confirmation of the big yang line.
The Shanghai Composite Index, which is currently at the time node of the change, focuses on the formation of the MACD bottom divergence on the 60-minute chart, confirmed.
Recently, the Chosin Lake movie is very popular, and here I also wish the motherland prosperity. Stock speculation is to speculate in the national fortune, like the praise.