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HK50 Intraday: under pressure.

HK50 (HK50)
+274+1.05%
short positions below 26220 with targets at 25940 & 25670 in extension.
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Pivot: 26220

Our preference: short positions below 26220 with targets at 25940 & 25670 in extension.

Alternative scenario: above 26220 look for further upside with 26400 & 26660 as targets.

Comment: the RSI is mixed with a bearish bias.

Supports and resistances:
26660
26400
26220
26079 Last
25940
25670
25510

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.
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