HK50 Intraday: consolidation in place.

HK50 (HK50)
-5-0.02%
short positions below 26120 with targets at 25860 & 25720 in extension.
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Pivot: 26120

Our preference: short positions below 26120 with targets at 25860 & 25720 in extension.

Alternative scenario: above 26120 look for further upside with 26250 & 26400 as targets.

Comment: the RSI is above its neutrality area at 50% but reversing down.

Supports and resistances:
26400
26250
26120
25973 Last
25860
25720
25540

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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