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Hang Seng Intraday: the downside prevails.

2024-05-24
1041

Pivot: 18700

Our preference: short positions below 18700 with targets at 18490 & 18390 in extension.

Alternative scenario: above 18700 look for further upside with 18830 & 19010 as targets.

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

Supports and resistances:

19010

18830

18700

18562 Last

18490

18390

18290

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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