HK50 Intraday: under pressure.
short positions below 19420 with targets at 19100 & 18900 in extension.
Pivot: 19420
Our preference: short positions below 19420 with targets at 19100 & 18900 in extension.
Alternative scenario: above 19420 look for further upside with 19600 & 19780 as targets.
Comment: the RSI is bearish and calls for further downside.
Supports and resistances:
19780
19600
19420
19230 Last
19100
18900
18700
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