Hang Seng Index Futures Sinks Below 19,500 As Bearish Momentum Builds
Hang Seng Index Futures Sinks Below 19,500 As Bearish Momentum Builds
Traders are advised to retain short positions initiated on 9 October at 20,628 points, with the stop-loss threshold set at 21,250 points. Key support levels are identified at 19,000 and 18,000 points, while immediate resistance levels are at 20,000 and 21,250 points.
RHB Investment Bank Bhd (RHB Research) maintains its bearish outlook on the Hang Seng Index Futures (HSIF), which fell 377 points last Friday to close at 19,212 points, reflecting extended downward momentum.
兴业银行投资银行有限公司（RhB Research）维持对恒生指数期货（HSIF）的看跌前景，上周五下跌377点，收于19,212点，反映了持续的下跌势头。
The index opened at 19,588 points, slid to a low of 19,135 points, and printed a long bearish candlestick by the session's close. In evening trade, the index dipped further to 19,204 points. The consistent decline aligns with the downward-trending 20-day Simple Moving Average (SMA), signalling increased bearish momentum.
该指数开盘价为19,588点，跌至19,135点的低点，并在该交易日收盘时出现了多头看跌的K线图。在晚间交易中，该指数进一步下跌至19,204点。持续下跌与下行趋势的20天简单移动平均线（SMA）一致，表明看跌势头增强。
RHB Research projects the HSIF may breach the 19,000-point mark, with a potential extension of the correction to 18,000 points. Any technical rebound is expected to encounter strong resistance at 20,000 points, with the 50-day SMA acting as a barrier to further upward movement.
RhB Research预计，HSIF可能会突破19,000点大关，并有可能将修正范围扩大至18,000点。预计任何技术反弹都将在20,000点遇到强劲阻力，其中50天均线是进一步上涨的障碍。
Traders are advised to retain short positions initiated on 9 October at 20,628 points, with the stop-loss threshold set at 21,250 points. Key support levels are identified at 19,000 and 18,000 points, while immediate resistance levels are at 20,000 and 21,250 points.
建议交易者保留10月9日开始的空头头寸20,628点，止损门槛设定为21,250点。关键支撑位位于19,000点和18,000点，而直接阻力位在20,000点和21,250点。
The index's trajectory suggests continued downside risk in the near term, consistent with the prevailing bearish bias.
该指数的走势表明，短期内仍存在下行风险，这与普遍的看跌偏见一致。
