Index

Hang Seng may rise to 18570 - 18680

2024-06-03

Pivot

18300

Our preference

Long positions above 18300 with targets at 18570 & 18680 in extension.

Alternative scenario

Below 18300 look for further downside with 18180 & 18070 as targets.

Comment

The RSI calls for a rebound.

Supports and resistances

18790

18680

18570

18470 Last

18300

18180

18070

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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