Hang Seng Index Futures : Falling Below 20-Day SMA Line; Negative Momentum Reaccelerates
Hang Seng Index Futures : Falling Below 20-Day SMA Line; Negative Momentum Reaccelerates
The latest bearish candlestick closed below the 20-day SMA line, which shows that the bears are picking up momentum. The HSIF extended the correction on Tuesday's session, declining 314 pts to close at 17,745 pts.
恒指在週二的交易中延續了調整，下跌314點，收報17745點。
RHB Retail Research (RHB) in a note today (July 17) said yesterday, the index opened at 18,061 pts.
RHB在今天（7月17日）的研究報告中稱，指數昨日開盤價爲18061點。
It then progressed lower throughout the session, hitting the day's low of 17,733 pts before closing.
之後在整個交易日中下跌，觸及當天的低點17733點並收盤。
The latest bearish candlestick closed below the 20-day SMA line, which shows that the bears are picking up momentum.
最新的看淡K線收於20日均線以下，表明空頭動能正在增強。
Meanwhile, the RSI is falling below the 50% threshold, which further underscores the bearish pressure.
同時，相對強弱指標RSI下跌到50%門檻以下，更凸顯了看淡壓力。
A follow-through negative price action may lead to the index pulling back towards 17,500 pts.
進一步的負向價格行動可能導致指數回落至17500點。
Breaching the immediate support will strengthen the bearish technical setup – so we continue to have a negative trading bias.
突破即時支撐位將加強看淡技術指標的形成-因此我們仍然持有看淡的交易偏見。
RHB noted that traders should stick to the short positions initiated at the close of 30 May (18,126 pts).
RHb注意到交易者應堅持在5月30日收盤價（18126點）時開空。
To manage the trading risks, the stop-loss is placed at 18,500 pts.
爲了管理交易風險，止損位被設置在18500點。
The nearest support is at 17,500 pts, followed by 17,000 pts.
最近的支撐位在17500點，其次是17000點。
Towards the upside, the nearest resistance is still pegged at 18,500 pts, followed by 19,000 pts.
向上，最近的壓力位仍然鎖定在18500點，其次是19000點。
