New flagship center market still has repeatedly ascribed to meet resistance Money Tips

Category: Money Tips Date: 2006-02-16

New flagship center: market still has repeatedly ascribed to meet resistance

Tandi after yesterday's rebound, the market has been enhanced to do more confidence in the clear, early on the Shanghai Composite Index opened slightly lower but quickly test a low upside 20 day MA. In the first station after the 20 day MA market is a bit unsuitable to initiate consolidation withdraw sword, until noon, after the market close before the firm confirmed that it fully active again. Index broke through to July 13 high of 3935 points, however, impact on 30 and 60-day moving average, the broader market by the financial heavyweights such as impact of the drop, the index appears in late fall and, ultimately, to close at 20-day line of small square Yang. With the strong stock re-enter the area, as well as the steady volume amplification, the day disk also gradually become active, in addition to real estate, against the big heavyweight, the Olympics, aviation, small-cap stocks, stocks also show more active subjects, thus revealing repeated shocks in the market are being gradually strengthened.

Throughout the day the market of operation, the stock really still in the bank and other broad market heavyweights led by a row on the red, attack on the stall pressure of the medium-term moving averages. And the Industrial and Commercial Bank of China (601398) has two consecutive days station in January and early May of this year 2 percent of the high point of the downward pressure on even lines, the amount of energy and movement from the point of view, the Unit should belong to a breakthrough in force even if the short-term pullback, The downward pressure has also become a support line. In addition to banking stocks on schedule to play the washed off when the main force, we in the July 11 clear that the petrochemical, power, communications and other blue chips in today's also a relatively good performance, especially when we highlighted in China China Unicom (600.05 thousand) After continuous pulled up today after heavy volume, there is a breakthrough order platform, out of the medium-term uptrend of the signs of the other stages of the blue chips are still poised to play a certain role in promoting, therefore, hidden by blue chip market outlook the opportunity is still worthy of further tracking.

However, due to the constraints of volume and popularity, the current market continued hot and explosive short-term is difficult with the May 30 crash than before, every investor should pay attention to grasp the rhythm involved in hot spots. Today, banking, real estate and other ascribed to the afternoon down on the note in the current market is still in the repeated shocks bottomed stages, short-term chase need to be cautious, as far as individual stocks rising channel withdraw sword when bargain-hunting and short-term moving averages. In addition, with the Shanghai Composite Index station's 20-day moving average, the performance of individual stocks than the index below the 20-day moving average run-time will be improved. Heavyweight short-term adjustments in the case, some compensatory growth plate may be relatively active, such as: Today, the only high point has not been short-term platform for the next two days the Shenzhen Composite Index on the existence of compensatory growth opportunities.

Technically, today's Shanghai Composite Index but it is still in a bottoming of the shock repeatedly run the city, touching on the 30 and 60 day moving average at the time of obstruction, indicating the market's rise is still relatively cautious, do not want to risk storm, remaining in the first energy firm 20 -day moving average again and development. As the 20 day MA break up today, was shortly after 5 and 10-day moving average which is about to wear on the average, so that the bottom will be the stock index average for the short-term support. Details of the new flagship center landing site. In this regard, our new flagship center that: With the approach of the weekend sensitive stage, short-term market is likely to continue to maintain the pressure and supported by the pattern of shocks finishing, and investors should be avoided in the operation or the urge to chase.

In the current critical moment bottoming shock, how to position and species mix adjusted to optimal state, control is undoubtedly the future market risks, decide the future level of benefits a top priority. Welcome to our new flagship center long-term confidence in the institutions or individuals in time to join the team.

The new flagship professional investment advisers Center
2007.07.18