Hang Seng Index Futures Maintains Negative Bias Despite Mild Rebound
Hang Seng Index Futures Maintains Negative Bias Despite Mild Rebound
Despite the recent rebound, RHB Research predicts the technical outlook continues to favour a bearish trajectory unless the index clears the 20-day SMA line convincingly.
The Hang Seng Index Futures (HSIF) extended its upward momentum on Monday, adding 116 points to close at 19,621 points. Despite the back-to-back bullish candlesticks and a "higher low" formation, the index remains below the 20-day and 50-day Simple Moving Average (SMA) lines, suggesting the bearish trend remains intact, according to RHB Investment Bank Bhd (RHB Research).
恒生指数期货（HSIF）在周一延续了其上升动能，增加了116点，收于19,621点。尽管出现了连续看好的蜡烛图和"高低点"形态，但指数仍低于20日和50日简单移动平均线（SMA），根据RHb投资银行（RHb Research）的分析，表明看淡趋势依然存在。
Monday's session saw the HSIF trade between 19,753 and 19,447 points, with the immediate resistance pegged at the 20,000-point level. Stronger resistance is anticipated at 21,250 points, with the index facing challenges in sustaining a meaningful upward breakout.
周一的交易 session 显示 HSIF 交易区间在19,753点和19,447点之间，近期的支撑位定在20,000点水平。预计在21,250点会有更强的支撑位，指数在维持有意义的上升突破时面临挑战。
Traders are advised by RHB Research to maintain short positions initiated on Oct 9 at 20,628 points. The stop-loss level is set at 21,250 points to mitigate risks. Immediate support is located at 19,000 points, followed by a stronger floor at 18,000 points.
RHb Research建议交易者维持在10月9日以20,628点启动的开空头寸。止损位设定在21,250点以降低风险。立即的压力位位于19,000点，之后是较强的底部在18,000点。
Despite the recent rebound, RHB Research predicts the technical outlook continues to favour a bearish trajectory unless the index clears the 20-day SMA line convincingly.
尽管近期反弹，RHb Research预测技术前景继续偏向看淡趋势，除非指数明确突破20日SMA线。
