HK50 Short Term: consolidation in place.
HK50 (HK50)
-156-0.61%
short positions below 27000 with targets at 25550 & 25100 in extension.
Pivot: 27000
Our preference: short positions below 27000 with targets at 25550 & 25100 in extension.
Alternative scenario: above 27000 look for further upside with 27350 & 28050 as targets.
Comment: the RSI calls for a drop.
Supports and resistances:
28050 **
27350 ***
27000 ***
26258 Last
25550 ***
25100 ***
24400 **
Our preference: short positions below 27000 with targets at 25550 & 25100 in extension.
Alternative scenario: above 27000 look for further upside with 27350 & 28050 as targets.
Comment: the RSI calls for a drop.
Supports and resistances:
28050 **
27350 ***
27000 ***
26258 Last
25550 ***
25100 ***
24400 **
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