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Hang Seng Intraday: consolidation.

2023-11-16
1107

Pivot: 18080

Our preference: short positions below 18080 with targets at 17600 & 17400 in extension.

Alternative scenario: above 18080 look for further upside with 18220 & 18370 as targets.

Comment: as long as 18080 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

18370

18220

18080

17780 Last

17600

17400

17150

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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