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Hang Seng Intraday: the downside prevails.

2024-03-27
911

Pivot: 16540

Our preference: short positions below 16540 with targets at 16240 & 16120 in extension.

Alternative scenario: above 16540 look for further upside with 16730 & 16840 as targets.

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

Supports and resistances:

16840

16730

16540

16358 Last

16240

16120

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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