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HSI (Feb12) Intraday: rebound expected.
Trading Central | 2012-02-24 10:27:00

Update on supports and resistances.

Pivot: 21000

Our preference: Long positions above 21000 with targets @ 21750 & 22000 in extension.

Alternative scenario: Below 21000 look for further downside with 20680 & 20450 as targets.

Comment: the RSI is mixed and calls for caution.

Key levels
22150
22000
21750
21416 last
21000
20680
20450

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