Index

Hang Seng may fall to 18080 - 18180

2024-06-07

Pivot

18570

Our preference

Short positions below 18570 with targets at 18180 & 18080 in extension.

Alternative scenario

Above 18570 look for further upside with 18720 & 18850 as targets.

Comment

The RSI calls for a drop.

Supports and resistances

18850

18720

18570

18355 Last

18180

18080

17980

Number of asterisks represents the strength of support and resistance levels.

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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