U.S Stocks 

Fundamental Analysis: 

The U.S. stock index futures fell slightly again in the Asian market on Monday, 26th July, 2021. This is in consequence of the global market risk sentiment caused by the ongoing pandemic.  

At the same time, investors continue to be cautious in their trading when the U.S. stocks listed companies release their earnings reports this week. 

Technical Analysis: 

(US30, 1-hour chart) 

Execution Insight: 

The Dow focuses on the direction of the breakthrough in the 35080 to 34673 range. If it breaks through the 35080-line upwards, Dow will hit a record high. 

If it falls below the 34673-line, it will open up further room for correction. 

Hong Kong Stocks 

Fundamental Analysis: 

Major Hong Kong stock indexes continue to fall at the opening. The Hang Seng Index’s decline widens to 2.5%, to a new low for the year. The Hang Seng China Enterprises Index plunged by 3%, while the Hang Seng Technology Index dived by 4.6%. Meanwhile, education stocks and large technology stocks plunged across the board.

Technical Analysis: 

(HK50, 1-hour chart) 

Execution Insight: 

The HK50 came crashing down and fell to the first target of 26335.  

Today, continue keeping an eye on the trend. Once the HK50 has rebound and is under pressure, the trend will become bearish.

The top focus is on the suppression of the two positions 27402 and 26951, while the bottom focus is on the support at 25880. 

FTSE China A50 Index 

Technical Analysis: 

(A50, 1 hour chart) 

Execution Insight: 

A50 dived sharply after falling below the 16442-line as expected. Today, continue taking the bearish trend as the main insight. Meanwhile, also focus on the support of the 15406-line.

Disclaimer 
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