Expecting Pullback towards 12,800
Over the weekend, China PBOC announced
"More Powerful"policies to help spur growth in China. However, despite the positive news, China A50 turned lower.
Currently, the index is trading at a key resistance level. Confluence of Downtrend line resistance and HVN area.
Thus, we expect price to retest 12,800 which is also Fibo 38.2% level.
13,700 will remains as our pivot. If index breaks above this key level, we will see the index retesting it previous high at 14,700
"More Powerful"policies to help spur growth in China. However, despite the positive news, China A50 turned lower.
Currently, the index is trading at a key resistance level. Confluence of Downtrend line resistance and HVN area.
Thus, we expect price to retest 12,800 which is also Fibo 38.2% level.
13,700 will remains as our pivot. If index breaks above this key level, we will see the index retesting it previous high at 14,700
交易結束：達到停損點
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。