Buying CN50 at market.

OANDA:CN50USD   China A50
CHN50 - Intraday - We look to Buy at 13100 (stop at 13023)

Buying pressure from 13009 resulted in prices rejecting the dip.
This is positive for sentiment and the uptrend has potential to return.
Weekly pivot is at 13101.
Further upside is expected although we prefer to buy into dips close to the 13100 level.

Our profit targets will be 13320 and 13390

Resistance: 13615 / 14200 / 15155
Support: 12660 / 12075 / 11120

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