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Hang Seng (HKFE) (H4) Intraday: choppy.

2024-03-25
738

Pivot: 16640.00

Our preference: short positions below 16640.00 with targets at 16440.00 & 16340.00 in extension.

Alternative scenario: above 16640.00 look for further upside with 16730.00 & 16820.00 as targets.

Comment: as long as 16640.00 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

16820.00

16730.00

16640.00

16570.00 Last

16440.00

16340.00

16240.00

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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