Hang Seng Index Futures : Drifting To a Lower Low
Hang Seng Index Futures : Drifting To a Lower Low
The HSIF staged a bearish breakout on Friday, falling to close at 17,437 pts.
上證指數週五看淡下跌，收於17437點。
RHB Retail Research (RHB) in a note today (July 22) said the index began Friday's session at 17,809 pts.
RHb零售研究（RHB）在今天的備忘錄中表示，指數在週五開盤於17809點。
After touching the day's high of 17,822 pts, it moved lower throughout the session, hitting the 17,379-pt low.
在觸及當日高點17822點後，指數在交易中逐漸走低，並達到17379點的低點。
It then closed at 17,437 pts (below the 17,500-pt support level).
最終以17437點的收盤價結束了交易日（低於17500點的支撐位）。
At the time of writing, the index was last traded at 17,425 pts.
截至撰寫本文時，指數最後報17425點。（維持下跌態勢）
The latest bearish candlestick reaffirmed that the bears are in control.
最新的k線圖表明，熊市將繼續主導市場。
As mentioned in our previous report, as long as the index stays below the 20-day SMA line, the bears will have the upper hand, and a bearish breakout is likely.
如我們之前的報告所提到的，只要指數保持在20日移動平均線以下，熊市將保持主導，並且將有可能出現看淡跌勢。
Based on the bearish momentum, the index may pull back towards 17,000 pts, followed by 16,000 pts.
根據看淡勢頭，指數可能會回落至17000點，接着再跌至16000點。
If the index stages a technical rebound, the 18,000-pt level will act as the psychological resistance.
如果指數進行技術反彈，心理壓力位將處於18000點。
As bearish momentum is gaining pace, they hold on to their negative trading bias.
由於看淡勢頭正在加快，他們將保持不利的交易傾向。
Traders should retain the short positions initiated at the close of 30 May (18,126 pts).
交易者應該繼續在5月30日收盤時開空。
To manage the trading risks, the stop-loss is set at 18,500 pts.
爲管理交易風險，止損點位設定在18,500點。
The immediate support is revised lower to 17,000 pts, followed by 16,000 pts, while the immediate resistance is pegged at 18,000 pts, followed by 18,500 pts.
短期支撐位下調至17000點，隨後是16000點；短期壓力位則被設定爲18000點，其次是18500點。