Liquidity Tightened With Dramatically? How To Think About HK50?
FED Hikes Rates Sharply, How Will The Market Outlook Of HK50?
Saneness investors can wait and see first. Radical investors can trade a sell order at price now with a light position, target on 19800, stop loss in around 20700.
The FED decided to raise interest rates sharply by 50 basis points for the first time since 2000 in May, and the reduction of the balance sheet will begin on June 1, and will increase by roughly $95 billion in three months from the rate of $47.5 billion per month ($60 billion U.S. Treasuries + 35 billion MBS), In addition, several FED officials kept shouting that multiple meetings are needed to raise interest rates by 50 basis points to fight inflation. On the whole, the gradual tightening of monetary policy by the FED may reduce the buying power of the HK50, and it still has room for downside in the short term.
In daily range, the price is located on the middle rail of Bollinger, and beneficial for the bearish side to intervene when it in high position, the sub-indicator MACD multilateral momentum increased and KD double line up. It is conducting for investors to trade with a sell order in a high position.
*The above contents are the opinions of third-party media commentators, and do not represent the position of this platform. The opinions are for reference only. Investors should make independent judgments, prudently evaluate, and bear investment risks at their own risk.
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