HK50 Intraday: choppy.
May 8, 2024 00:30
HK50 (HK50)
-47-0.24%
short positions below 18630 with targets at 18360 & 18180 in extension.
Pivot: 18630
Our preference: short positions below 18630 with targets at 18360 & 18180 in extension.
Alternative scenario: above 18630 look for further upside with 18750 & 18900 as targets.
Comment: as long as 18630 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
18900
18750
18630
18480 Last
18360
18180
18000
Our preference: short positions below 18630 with targets at 18360 & 18180 in extension.
Alternative scenario: above 18630 look for further upside with 18750 & 18900 as targets.
Comment: as long as 18630 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
18900
18750
18630
18480 Last
18360
18180
18000
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.
