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Hang Seng Intraday: the downside prevails.

2024-01-10
206

Pivot: 16250

Our preference: short positions below 16250 with targets at 15980 & 15820 in extension.

Alternative scenario: above 16250 look for further upside with 16380 & 16580 as targets.

Comment: the immediate trend remains down and the momentum is strong.

Supports and resistances:

16580

16380

16250

16072 Last

15980

15820

15640

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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