HK50 Intraday: consolidation in place.
May 8, 2024 07:22
HK50 (HK50)
-34-0.17%
short positions below 18600 with targets at 18180 & 18000 in extension.
Pivot: 18600
Our preference: short positions below 18600 with targets at 18180 & 18000 in extension.
Alternative scenario: above 18600 look for further upside with 18750 & 18900 as targets.
Comment: the RSI shows downside momentum.
Supports and resistances:
18900
18750
18600
18353 Last
18180
18000
17850
Our preference: short positions below 18600 with targets at 18180 & 18000 in extension.
Alternative scenario: above 18600 look for further upside with 18750 & 18900 as targets.
Comment: the RSI shows downside momentum.
Supports and resistances:
18900
18750
18600
18353 Last
18180
18000
17850
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.
