Index

Hang Seng may fall to 18180 - 18350

2024-06-06

Pivot

18570

Our preference

Short positions below 18570 with targets at 18350 & 18180 in extension.

Alternative scenario

Above 18570 look for further upside with 18720 & 19000 as targets.

Comment

The RSI is mixed to bearish.

Supports and resistances

19000

18720

18570

18430 Last

18350

18180

18080

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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