Hang Seng Index Futures : Technical Rebound Capped By 20-Day SMA Line
Hang Seng Index Futures : Technical Rebound Capped By 20-Day SMA Line
The HSIF failed to extend its technical rebound yesterday, as the 20-day SMA line resistance level proved to be too strong.
恒指昨天未能延續技術反彈，因爲20天移動平均線的阻力水平證明太堅強了。
RHB Retail Research (RHB) in a note today (July 24) said the index began trading at 17,663 pts.
RHb零售研究（RHB）在今天的一份報告中表示，指數從17,663點開始交易。
After touching the 17,775-pt intraday high, it reversed to the 17,458-pt intraday low.
觸及17,775點的日內高點後，即轉爲17,458點的日內低點。
It closed at 17,501 pts. In the evening, it was last seen at 17,516 pts.
收於17,501點。晚上它最後一次見到的是17,516點。
The latest bearish candlestick, coupled with the downtrending RSI, shows that bearish momentum is gaining traction.
最新的看淡k線，再加上下行趨勢的RSI，顯示看淡動能正在加強。
On the upside, the 20-day SMA line remains the overhead resistance level, and is putting downward pressure on the index.
在上行方面，20天移動平均線仍然是頭部阻力水平，並對指數施加向下的壓力。
As long as the index stays below the short-term moving average line, it is likely to resume downward movement towards the 17,000-pt support level.
只要指數保持在短期移動平均線之下，可能會向17,000點支撐水平恢復向下運動。
Given the bearish momentum, they held on to the negative trading bias.
考慮到看淡動能，他們保持負面的交易傾向。
RHB noted that traders should retain the short positions initiated at the close of 30 May (18,126 pts).
RHb指出，交易員應保留5月30日收盤（18,126點）初始的開空倉位。
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 marked at 17,000 pts, followed by 16,000 pts.
即時支撐位標記在17,000點，其次是16,000點。
On the upside, the immediate resistance is still pegged at 18,000 pts, followed by 18,500 pts.
在上行方面，即時阻力仍然固定在18,000點，其次是18,500點。