HS50 - 24h expiry - We look to Sell at 19213 (stop at 19373)
We look to trade the current range.
Trading has been mixed and volatile.
Bespoke resistance is located at 19200.
Preferred trade is to sell into rallies.
The primary trend remains bearish.
Our profit targets will be 18813 and 18733
Please be advised that the information presented on TradingView...
HS50 - Intraday - We look to Sell at 18890 (stop at 19100)
Although the bears are in control, the stalling negative momentum indicates a turnaround is possible.
A higher correction is expected.
With the Ichimoku cloud resistance above we expect gains to be limited.
We therefore, prefer to fade into the rally with a tight stop in anticipation of a move back...
