Hang Seng Index Futures Maintains Negative Bias Despite Mild Rebound
Hang Seng Index Futures Maintains Negative Bias Despite Mild Rebound
Despite the recent rebound, RHB Research predicts the technical outlook continues to favour a bearish trajectory unless the index clears the 20-day SMA line convincingly.
The Hang Seng Index Futures (HSIF) extended its upward momentum on Monday, adding 116 points to close at 19,621 points. Despite the back-to-back bullish candlesticks and a "higher low" formation, the index remains below the 20-day and 50-day Simple Moving Average (SMA) lines, suggesting the bearish trend remains intact, according to RHB Investment Bank Bhd (RHB Research).
恒生指數期貨（HSIF）週一延續了上漲勢頭，上漲116點，收於19,621點。根據RhB Investment Bank Bhd（RhB Research）的數據，儘管連續出現看漲的K線和 「更高的低點」 形態，但該指數仍低於20天和50天簡單移動平均線（SMA）線，這表明看跌趨勢保持不變。
Monday's session saw the HSIF trade between 19,753 and 19,447 points, with the immediate resistance pegged at the 20,000-point level. Stronger resistance is anticipated at 21,250 points, with the index facing challenges in sustaining a meaningful upward breakout.
週一的交易日中，恒生指數的交易價格在19,753點至19,447點之間，直接阻力位在20,000點的水平上。預計將有更強的阻力位在21,250點，該指數在維持有意義的向上突破方面面臨挑戰。
Traders are advised by RHB Research to maintain short positions initiated on Oct 9 at 20,628 points. The stop-loss level is set at 21,250 points to mitigate risks. Immediate support is located at 19,000 points, followed by a stronger floor at 18,000 points.
RhB Research建議交易者將10月9日開始的空頭頭寸維持在20,628點。爲了降低風險，止損水平設定爲21,250點。直接支撐位於19,000點，其次是更強的下限爲18,000點。
Despite the recent rebound, RHB Research predicts the technical outlook continues to favour a bearish trajectory unless the index clears the 20-day SMA line convincingly.
儘管最近出現反彈，但RhB Research預測，除非該指數令人信服地突破20天均線，否則技術前景將繼續偏向看跌走勢。
