HK50 Intraday: expect 19500.

HK50 (HK50)
+195+0.95%
short positions below 21000 with targets at 19800 & 19500 in extension.
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Pivot: 21000

Our preference: short positions below 21000 with targets at 19800 & 19500 in extension.

Alternative scenario: above 21000 look for further upside with 21500 & 22000 as targets.

Comment: as long as 21000 is resistance, likely decline to 19800.

Supports and resistances:
22000
21500
21000
20406 Last
19800
19500
19000

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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