HK50 Intraday: choppy.
HK50 (HK50)
-114-0.47%
short positions below 24410 with targets at 24070 & 23860 in extension.
Pivot: 24410
Our preference: short positions below 24410 with targets at 24070 & 23860 in extension.
Alternative scenario: above 24410 look for further upside with 24530 & 24800 as targets.
Comment: as long as 24410 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
24800
24530
24410
24249 Last
24070
23860
23700
Our preference: short positions below 24410 with targets at 24070 & 23860 in extension.
Alternative scenario: above 24410 look for further upside with 24530 & 24800 as targets.
Comment: as long as 24410 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
24800
24530
24410
24249 Last
24070
23860
23700
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