Hang Seng Index Futures Sinks Below 19,500 As Bearish Momentum Builds
Hang Seng Index Futures Sinks Below 19,500 As Bearish Momentum Builds
Traders are advised to retain short positions initiated on 9 October at 20,628 points, with the stop-loss threshold set at 21,250 points. Key support levels are identified at 19,000 and 18,000 points, while immediate resistance levels are at 20,000 and 21,250 points.
RHB Investment Bank Bhd (RHB Research) maintains its bearish outlook on the Hang Seng Index Futures (HSIF), which fell 377 points last Friday to close at 19,212 points, reflecting extended downward momentum.
RHb投資銀行Bhd（RHb研究）維持對恒生指數期貨（HSIF）的看淡前景，上週五下跌377點，收於19,212點，反映了持續的下行動能。
The index opened at 19,588 points, slid to a low of 19,135 points, and printed a long bearish candlestick by the session's close. In evening trade, the index dipped further to 19,204 points. The consistent decline aligns with the downward-trending 20-day Simple Moving Average (SMA), signalling increased bearish momentum.
指數開盤於19,588點，跌至19,135點的低點，並在交易結束時打印了一根長陰線k線。在晚間交易中，指數進一步下跌至19,204點。持續的下跌與下行趨勢的20日簡單移動平均線（SMA）一致，表明看淡動能增強。
RHB Research projects the HSIF may breach the 19,000-point mark, with a potential extension of the correction to 18,000 points. Any technical rebound is expected to encounter strong resistance at 20,000 points, with the 50-day SMA acting as a barrier to further upward movement.
RHb研究預計恒生指數期貨可能跌破19,000點關口，進一步回調至18,000點。任何技術性反彈都有望在20,000點遇到強力支撐，而50日SMA將成爲進一步上行動能的阻礙。
Traders are advised to retain short positions initiated on 9 October at 20,628 points, with the stop-loss threshold set at 21,250 points. Key support levels are identified at 19,000 and 18,000 points, while immediate resistance levels are at 20,000 and 21,250 points.
建議交易者保留在10月9日以20,628點開空的頭寸，並將止損閾值設定爲21,250點。關鍵支撐水平位於19,000點和18,000點，而即時阻力水平位於20,000點和21,250點。
The index's trajectory suggests continued downside risk in the near term, consistent with the prevailing bearish bias.
指數的軌跡表明在短期內持續下行風險，與當前的看淡偏見一致。
