HK50 Short Term: consolidation.
HK50 (HK50)
+280+1.09%
short positions below 25900 with targets at 24400 & 23700 in extension.
Pivot: 25900
Our preference: short positions below 25900 with targets at 24400 & 23700 in extension.
Alternative scenario: above 25900 look for further upside with 26800 & 27500 as targets.
Comment: the RSI is around its neutrality area at 50%
Supports and resistances:
27500 **
26800 ***
25900 ***
25380 Last
24400 ***
23700 ***
22700 **
Our preference: short positions below 25900 with targets at 24400 & 23700 in extension.
Alternative scenario: above 25900 look for further upside with 26800 & 27500 as targets.
Comment: the RSI is around its neutrality area at 50%
Supports and resistances:
27500 **
26800 ***
25900 ***
25380 Last
24400 ***
23700 ***
22700 **
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