Hang Seng Index Faces Pressure Below 20-Day SMA; Short Positions Advised
Hang Seng Index Faces Pressure Below 20-Day SMA; Short Positions Advised
The research house advises retaining short positions initiated on 9 October at 20,628 points, with a stop-loss threshold set at 21,250 points to manage trading risks.
RHB Investment Bank Bhd (RHB Research) has advised maintaining short positions on the Hang Seng Index Futures (HSIF) amid continued downward pressure.
RHb投资银行有限公司（RHb研究）建议继续在恒生指数期货（HSIF）上保持开空仓位，面临持续下行压力。
On Monday, the index fell by 144 points to close at 20,444, remaining below its 20-day Simple Moving Average (SMA) line. Trading saw the HSIF open at 20,599 points, fall to a daily low of 20,160 points, and close at 20,444 points. Evening trading led to further losses, with the index reaching 20,324 points, indicating a sustained bearish trend.
周一，指数下跌144点收于20,444点，仍低于其20日简单移动平均线。交易中，HSIF开盘于20,599点，最低跌至20,160点，收于20,444点。晚间交易导致进一步损失，指数跌至20,324点，表明持续看淡趋势。
RHB Research noted that with the HSIF trading below its 20-day SMA line, the bearish momentum appears to be gaining pace, as confirmed by the downward movement in the Relative Strength Index (RSI). The index will likely test the immediate support level at 20,000 points, and a breach could reinforce the bearish outlook.
RHb研究指出，随着HSIF交易低于其20日简单移动平均线，看淡势头似乎正在加速，这得到相对强弱指数（RSI）的下行趋势的证实。指数可能会测试20,000点的即时支撑位，而突破可能会加强看淡前景。
The research house advises retaining short positions initiated on 9 October at 20,628 points, with a stop-loss threshold set at 21,250 points to manage trading risks.
研究机构建议保留10月9日以20,628点开立的开空仓位，并将止损阈值设定为21,250点，以管理交易风险。
The HSIF's support levels are 20,000 and 19,000 points, with resistance levels of 21,250 and 22,000 points.
HSIF的支撑位分别为20,000点和19,000点，阻力位分别为21,250点和22,000点。
