FTSE China A50 index ST: as long as 18358.89 is support look for 20802.67
18358.89 is our pivot point.
Our preference: as long as 18358.89 is support look for 20802.67.
Alternative scenario: the downside breakout of 18358.89 would call for 17579.16 and 17116.25.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The index could retrace in the short term. FTSE China A50 index is above its 20 and 50 period moving average (respectively at 18996.27 and 18134).
Supports and resistances:
21750.36 **
21275.55 *
20802.67 **
20327.86
19183.50 last
18666.24
18358.89 **

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