HK50 Intraday: consolidation.
HK50 (HK50)
-516-1.90%
short positions below 26950 with targets at 26600 & 26460 in extension.
Pivot: 26950
Our preference: short positions below 26950 with targets at 26600 & 26460 in extension.
Alternative scenario: above 26950 look for further upside with 27060 & 27200 as targets.
Comment: as long as 26950 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
27200
27060
26950
26795 Last
26600
26460
26320
Our preference: short positions below 26950 with targets at 26600 & 26460 in extension.
Alternative scenario: above 26950 look for further upside with 27060 & 27200 as targets.
Comment: as long as 26950 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
27200
27060
26950
26795 Last
26600
26460
26320
Disclaimer: References, analysis and trading strategies are provided by the third-party provider, Trading Central, and the point of view is based on the independent assessment and judgment of the analyst, without considering the investment objectives and financial situation of the investors. All strategic opinions do not constitute investment advice or recommendations and are for references only. Our company also does not guarantee the accuracy of the strategic views and does not take any responsibility for the negative results caused by the trading strategies.
