Hang Seng price get advantages from the negative circumstances that are represented by its stability within the bearish channel levels, besides providing a new negative momentum by the main indicators, to notice reaching below 50% Fibonacci correction level, achieving some extra negative targets by hitting 26178 level.
The continuation of the price fluctuation below 26440 level and gathering extra negative momentum makes us expect forming a new negative trading that allows it to reach to the main negative stations that begin at 25625 and 25180.
The expected trading range for today is between 26440 and 25625
The expected trend for today: Bearish