Hang Seng Index Futures Negative Bias Maintained, Traders Advised To Hold Short Positions
Hang Seng Index Futures Negative Bias Maintained, Traders Advised To Hold Short Positions
RHB Research anticipates the index will likely resume its downward movement in the near term. The research house emphasised that traders should retain short positions initiated at the close of 9 October, when the index stood at 20,628 points. The stop-loss level remains at 21,250 points to manage potential risks.
RHB Investment Bank Bhd (RHB Research) has reiterated its bearish stance on the Hang Seng Index Futures (HSIF), advising traders to maintain short positions as the index continues to reflect a bearish technical setup.
RHb投資銀行Bhd（RHb研究）重申對恒生指數期貨（HSIF）的看淡立場，建議交易員在指數繼續反映看淡技術結構的情況下保持開空倉位。
On Wednesday, the HSIF extended its positive movement, gaining 24 points to close at 19,714 points. It opened at 19,681 points and fluctuated between 19,779 points and 19,414 points during the session before settling at 19,714 points. However, in the evening session, it shed 97 points, last trading at 19,617 points.
週三，恒生指數期貨延續積極走勢，上漲24點，收於19,714點。開盤價爲19,681點，在交易過程中在19,779點和19,414點之間波動，最終收於19,714點。然而，在晚間交易中，下跌97點，最後報價爲19,617點。
Despite a "higher high" closing, which indicates improving bullish momentum, the index remains below the critical 20,000-point resistance level and the 50-day simple moving average (SMA) line. The continued downward trajectory of the 20-day SMA line underlines the bearish short-term trend.
儘管出現「高位高」收盤，表明看漲勢頭有所改善，但指數仍低於關鍵的20,000點支撐位及50日簡單移動平均線。持續下行的20日簡單移動平均線強調了短期看淡趨勢。
RHB Research anticipates the index will likely resume its downward movement in the near term. The research house emphasised that traders should retain short positions initiated at the close of 9 October, when the index stood at 20,628 points. The stop-loss level remains at 21,250 points to manage potential risks.
RHb研究預計指數可能會在短期內恢復下行趨勢。研究機構強調，交易員應保留自10月9日收盤時開啓的開空倉位，當時指數爲20,628點。止損水平保持在21,250點，以管理潛在風險。
Key support levels are identified at 19,000 points and 18,000 points, while immediate resistance levels are set at 20,000 points and a higher resistance at 21,250 points.
關鍵支撐位設定在19,000點和18,000點，而即時阻力位設定在20,000點和更高的21,250點。
RHB Research's analysis suggests that bearish sentiment still dominates, as technical indicators favour the bears despite occasional upward movements.
RHb研究的分析表明，儘管偶爾上漲，技術指標仍偏向看淡，顯示看空情緒仍占主導地位。
