HK50 Intraday: turning down.
HK50 (HK50)
+42+0.17%
short positions below 25850 with targets at 25520 & 25400 in extension.
Pivot: 25850
Our preference: short positions below 25850 with targets at 25520 & 25400 in extension.
Alternative scenario: above 25850 look for further upside with 26060 & 26185 as targets.
Comment: the RSI calls for a drop.
Supports and resistances:
26185 **
26060 ***
25850 ***
25681 Last
25520 ***
25400 **
25270 **
Our preference: short positions below 25850 with targets at 25520 & 25400 in extension.
Alternative scenario: above 25850 look for further upside with 26060 & 26185 as targets.
Comment: the RSI calls for a drop.
Supports and resistances:
26185 **
26060 ***
25850 ***
25681 Last
25520 ***
25400 **
25270 **
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