HK50 Intraday: rebound expected.
long positions above 25300 with targets at 25700 & 25850 in extension.

Pivot: 25300
Our preference: long positions above 25300 with targets at 25700 & 25850 in extension.
Alternative scenario: below 25300 look for further downside with 25100 & 24900 as targets.
Comment: a support base at 25300 has formed and has allowed for a temporary stabilisation.
Supports and resistances:
26050 ***
25850 **
25700 ***
25629 Last
25300 **
25100 *
24900 *
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