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Hang Seng Intraday: key resistance at 16370.

2023-12-07
624

Pivot: 16370

Our preference: short positions below 16370 with targets at 16190 & 16100 in extension.

Alternative scenario: above 16370 look for further upside with 16550 & 16680 as targets.

Comment: as long as 16370 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

16680

16550

16370

16313 Last

16190

16100

16000

The above information is provided by special analysts and is for reference only. CM Trade does not guarantee the accuracy, timeliness and completeness of the information content, so you should not place too much reliance on the information provided. CM Trade is not a company that provides financial advice, and only provides services of the nature of execution of orders. Readers are advised to seek relevant investment advice on their own. Please see our full disclaimer.

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