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Hang Seng (HKFE) (V3) Intraday: the downside prevails.

2023-10-26
1132

Pivot: 17180.00

Our preference: short positions below 17180.00 with targets at 16875.00 & 16750.00 in extension.

Alternative scenario: above 17180.00 look for further upside with 17400.00 & 17550.00 as targets.

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

Supports and resistances:

17550.00

17400.00

17180.00

16929.00 Last

16875.00

16750.00

16630.00

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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