SGX FTSE China A50 Intraday: under pressure.

Trading Central 2025-06-02 11:16:05

中国A50(CHINA50)

Short positions below 13200.00 with targets at 13030.00 & 12970.00 in extension.

Pivot: 13200.00

Our preference: short positions below 13200.00 with targets at 13030.00 & 12970.00 in extension.

Alternative scenario: above 13200.00 look for further upside with 13270.00 & 13330.00 as targets.

Comment: the RSI is bearish and calls for further downside.

Supports and resistances:

13330.00

13270.00

13200.00

13113.00 Last

13030.00

12970.00

12900.00