SGX FTSE China A50 Intraday: the upside prevails.

Trading Central 2025-05-02 13:42:05

中国A50(CHINA50)

Long positions above 13025.00 with targets at 13220.00 & 13300.00 in extension.

Pivot: 13025.00

Our preference: long positions above 13025.00 with targets at 13220.00 & 13300.00 in extension.

Alternative scenario: below 13025.00 look for further downside with 12960.00 & 12900.00 as targets.

Comment: the RSI advocates for further upside.

Supports and resistances:

13360.00

13300.00

13220.00

13140.00 Last

13025.00

12960.00

12900.00