Trading Central: Indices & Shares Outlook for US and HK

There will be high inflation because of this

2.6% growth

20MA crossing above 50MA which is a good sign

Trade with the TA and Macroeconomics (e.g. increase/decrease i/r, taxes, govt stimulus) in mind

20MA is above 50 MA

RSI is above 50

Tesla is using bitcoin and one thing to note is buyers will need to spend time to look into bitcoin market.

RSI bullish divergence, means when trendline is going down, RSI trendline is going up.

use MACD on a longer time frame like a weekly chart and longer. Not hourly chart.

Not suggested for day trading.

MACD is a good indicator for entry point, but not exit point.

We can use MACD and RSI together to look for the exit point.

Look carefully and you will notice the negative region of the MACD is getting shallower. It is therefore a good sign that stock price is gaining momentum to the upside. Bullish market.

Chinese companies performs differently from US market.