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On September 15th, data from the National Bureau of Statistics showed that in August, the year-on-year decline in new residential property prices in first-tier cities was 0.9%, a decrease of 0.2 percentage points compared to the previous month. Specifically, prices in Beijing, Guangzhou, and Shenzhen fell by 2.3%, 1.9%, and 2.3% respectively, while Shanghai saw an increase of 3.0%. In second- and third-tier cities, the year-on-year declines in new residential property prices were 2.7% and 4.1% respectively, both narrowing by 0.1 percentage points. In August, the year-on-year decline in existing residential property prices in first-tier cities was 2.7%, a decrease of 1.0 percentage point compared to the previous month. Specifically, prices in Beijing, Shanghai, Guangzhou, and Shenzhen fell by 3.5%, 0.8%, 3.8%, and 2.7% respectively. In second- and third-tier cities, the year-on-year declines in existing residential property prices were 4.9% and 5.6% respectively, both narrowing by 0.2 percentage points.New Residential Housing Prices: 1. Beijing: August new residential housing prices -0.2% month-on-month (previous value -0.3%), -2.3% year-on-year (previous value -2.3%). 2. Shanghai: August new residential housing prices +0.4% month-on-month (previous value +0.2%), +3.0% year-on-year (previous value +3.0%). 3. Guangzhou: August new residential housing prices +0.1% month-on-month (previous value +0.1%), -1.9% year-on-year (previous value -2.2%). 4. Shenzhen: August new residential housing prices +0.2% month-on-month (previous value +0.2%), -2.3% year-on-year (previous value -2.9%). Second-hand Residential Housing Prices: 1. Beijing: August second-hand residential housing prices -0.1% month-on-month (previous value 0.0%), -3.5% year-on-year (previous value -4.5%). 2. Shanghais existing home prices in August increased by 0.3% month-on-month (previous value +0.3%) and decreased by 0.8% year-on-year (previous value -2.0%). 3. Guangzhous existing home prices in August remained unchanged month-on-month (previous value +0.4%) and decreased by 3.8% year-on-year (previous value -4.7%). 4. Shenzhens existing home prices in August increased by 0.1% month-on-month (previous value +0.2%) and decreased by 2.7% year-on-year (previous value -3.6%).National Bureau of Statistics: Beijings second-hand housing prices in August decreased by 0.1% month-on-month (previous value +0%) and decreased by 3.5% year-on-year (previous value -4.5%).According to the National Bureau of Statistics, the price of second-hand residential properties in Shenzhen rose 0.1% month-on-month in August (up 0.2% in the previous month) and fell 2.7% year-on-year (down 3.6% in the previous month).September 15th - The 2026 China Carbon Market Conference was held in Wuhan, Hubei Province this morning, and the "National Carbon Market Development Report (2026)" was released at the conference. Reporters learned that as of the end of August, the national carbon emission trading market had accumulated transactions exceeding 900 million tons, with a transaction value exceeding 60 billion yuan. The national carbon market has grown from nothing to a significant stage, playing a crucial role in promoting the achievement of carbon peaking and carbon neutrality goals.

How to use KDJ in trading?

LEO

Oct 25, 2021 13:27

What is KDJ?

KDJ consists of 3 lines: 

faster moving line-K value, slower moving line-D value and confirm line- J value. 

These three lines move between value 0-100, providing the signals of Buy and Sell in short-term trading.

kdj1.jpg


How to use KDJ in trading?

When K value is higher than 90, D value is higher than 80, and J value is higher than 100, it indicates that the price has entered the overbought area. Price increase is weakened, and probably callback. It’s time to close your long positions out.

When these three lines are dead cross in overbought area, the price probably falling down. You can enter with short positions.

1598358905150461.jpg


When k value is less than 10, D value is less than 20, and J value is less than 0, it indicates that the price has entered the oversold area. Price decline is weakened, and probably rebound. It’s time to close your short positions out.

When these three lines are gold cross in oversold area, the price probably rising up. You can enter with long positions.

1598359005987316.jpg


The price is at a new high, while KDJ value is not, it is called top deviation. The uptrend is about to reverse. Long positions would come out and short positions enter in.

1598359068953564.jpg


The price is innovative low, while KDJ value is not, it is called bottom deviation. The downtrend is about to reverse. Short positions would come out and long positions enter in.

1598359105575619.jpg


The price has not reached a new high, while KDJ value did. It is the top deviation and a signal of Sell.

1598359155789866.jpg


The price has not innovative low, while KDJ value did. It is the bottom deviation and a signal of Buy.

1598359198317291.jpg


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