HK50 Short Term: turning down.
HK50 (HK50)
-319-1.22%
short positions below 26600 with targets at 24400 & 23200 in extension.
Pivot: 26600
Our preference: short positions below 26600 with targets at 24400 & 23200 in extension.
Alternative scenario: above 26600 look for further upside with 27400 & 28300 as targets.
Comment: the RSI calls for a drop.
Supports and resistances:
28300 **
27400 ***
26600 ***
25548 Last
24400 ***
23200 ***
21600 **
Our preference: short positions below 26600 with targets at 24400 & 23200 in extension.
Alternative scenario: above 26600 look for further upside with 27400 & 28300 as targets.
Comment: the RSI calls for a drop.
Supports and resistances:
28300 **
27400 ***
26600 ***
25548 Last
24400 ***
23200 ***
21600 **
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