HK50 Intraday: under pressure.

HK50 (HK50)
-173-0.85%
short positions below 19900 with targets at 19660 & 19480 in extension.
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Pivot: 19900

Our preference: short positions below 19900 with targets at 19660 & 19480 in extension.

Alternative scenario: above 19900 look for further upside with 20200 & 20360 as targets.

Comment: the RSI is bearish and calls for further decline.

Supports and resistances:
20360
20200
19900
19762 Last
19660
19480
19310

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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