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Hang Seng Intraday: consolidation in place.
2023-12-20
249
Pivot: 16700
Our preference: short positions below 16700 with targets at 16530 & 16430 in extension.
Alternative scenario: above 16700 look for further upside with 16810 & 16940 as targets.
Comment: as long as 16700 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
16940
16810
16700
16598 Last
16530
16430
16330
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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