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Hang Seng (HKFE) (X3) Intraday: the downside prevails.

2023-11-29
1038

Pivot: 17550.00

Our preference: short positions below 17550.00 with targets at 17200.00 & 17000.00 in extension.

Alternative scenario: above 17550.00 look for further upside with 17700.00 & 17835.00 as targets.

Comment: a break below 17200.00 would trigger a drop towards 17000.00.

Supports and resistances:

17835.00

17700.00

17550.00

17294.00 Last

17200.00

17000.00

16800.00

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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