HK50 Intraday: consolidation in place.

HK50 (HK50)
+68+0.26%
short positions below 27150 with targets at 26950 & 26810 in extension.
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Pivot: 27150

Our preference: short positions below 27150 with targets at 26950 & 26810 in extension.

Alternative scenario: above 27150 look for further upside with 27380 & 27600 as targets.

Comment: as long as 27150 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:
27600
27380
27150
27082 Last
26950
26810
26560

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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