Hong Kong Index Analysis for This Week

7/2 This Week's Hong Kong Index

Analysis: The Hong Kong Index has entered a bottoming-out correction phase. The first correction wave dropped from 19690 to 17760 (27 days).

The second correction wave is predicted to drop from 18520 to a key price range of 16820-17200, based on the current weekly fluctuation range of the Hong Kong Index, which is around 750 points.

The low point of the second correction wave is expected to arrive between the second and third week of July, to confirm whether the low point stabilizes within this range.

When the price reaches the 16820-17200 range, observe whether the low point stabilizes. If it does, a long position can be considered within this range.

Please note that different platforms and brokers may have different quotes. Although the price differs, the trend analysis is unaffected. Do not follow trading operations; losses are at your own risk.

The market carries risks, and investment should be cautious. This article does not constitute personal investment advice and has not taken into account individual users' specific investment goals, financial situations, or needs. Users should consider whether any opinions, viewpoints, or conclusions in this article are suitable for their particular circumstances. Investing based on this is at one's own responsibility.