Hang Seng Index: Maintains Short Position Amid Weak Momentum
Hang Seng Index: Maintains Short Position Amid Weak Momentum
RHB Research warns that a drop below the 20,000-point support level could dampen market sentiment and trigger further corrections. Traders are advised to maintain short positions initiated on 9 October at 20,628 points, with a stop-loss set at 21,250 points to manage risk.
RHB Investment Bank Bhd (RHB Research) maintains its short position on the Hang Seng Index Futures (HSIF) as weak momentum persists despite a modest rebound.
RHb投资银行（RHb研究）保持对恒生指数期货的看淡头寸，因为尽管有适度反弹，但市场动能仍然疲弱。
The HSIF rose above the 50-day simple moving average (SMA) line yesterday, closing at 20,470 points, up from its session opening of 20,204 points. It reached an intraday high of 20,609 points before retreating to 20,470 points. However, in the evening session, the index dropped 251 points to settle at 20,219 points.
昨日，恒生指数期货上涨至50日简单移动平均线（SMA）之上，收于20,470点，较盘初的20,204点上涨。它在盘中最高触及20,609点后回落至20,470点。然而，在晚上盘中，该指数下跌了251点，收于20,219点。
While the index showed positive price action, it remains below the critical resistance level of 21,250 points. The downtrending relative strength index (RSI) suggests subdued momentum, indicating potential consolidation before any significant move toward the upside resistance.
尽管该指数显示了正面价格走势，但仍低于21,250点的关键支撑位。下行趋势的相对强弱指数（RSI）表明动能疲弱，暗示在向上压力位的重大走势之前可能会出现整合。
RHB Research warns that a drop below the 20,000-point support level could dampen market sentiment and trigger further corrections. Traders are advised to maintain short positions initiated on 9 October at 20,628 points, with a stop-loss set at 21,250 points to manage risk.
RHb研究警告称，若跌破20,000点的压力位，可能会抑制市场情绪并触发进一步调整。交易者被建议保持在10月9日以20,628点开空的头寸，并将止损设在21,250点以管理风险。
Key levels to watch:
关键关注水平：
Support: Immediate at 20,000 points, followed by 19,000 points.
支持位：立即在20,000点，其次在19,000点。
Resistance: Immediate at 21,250 points, followed by 23,000 points.
压力位：立即在21,250点，其次在23,000点。
The research house reiterates its bearish bias until the index decisively breaks above the 21,250-point resistance level.
该研究机构重申其看淡的观点，直到指数明确突破21,250点的支撑位。
