SGX FTSE China A50 Intraday: the bias remains bullish.

Pivot: 13670.00

Our preference: long positions above 13670.00 with targets at 13770.00 & 13820.00 in extension.

Alternative scenario: below 13670.00 look for further downside with 13600.00 & 13550.00 as targets.

Comment: even though a continuation of the consolidation cannot be ruled out, its extent should be limited.

Supports and resistances:

13965.00

13820.00

13770.00

13719.00 Last

13670.00

13600.00

13550.00