SGX FTSE China A50 Intraday: bullish bias above 13350.00.

Trading Central 2025-05-12 11:26:05

中国A50(CHINA50)

Long positions above 13350.00 with targets at 13550.00 & 13650.00 in extension.

Pivot: 13350.00

Our preference: long positions above 13350.00 with targets at 13550.00 & 13650.00 in extension.

Alternative scenario: below 13350.00 look for further downside with 13300.00 & 13240.00 as targets.

Comment: the RSI shows upside momentum.

Supports and resistances:

13750.00

13650.00

13550.00

13474.00 Last

13350.00

13300.00

13240.00