HK50 Intraday: consolidation in place.

HK50 (HK50)
-256-1.01%
short positions below 25600 with targets at 25410 & 25250 in extension.
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Pivot: 25600

Our preference: short positions below 25600 with targets at 25410 & 25250 in extension.

Alternative scenario: above 25600 look for further upside with 25760 & 25900 as targets.

Comment: the RSI advocates for further decline.

Supports and resistances:
25900
25760
25600
25519 Last
25410
25250
25100

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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