Hang Seng Index Futures inch higher as momentum cools, says RHB Research

HSIF posted slight gains but showed neutral sentiment, with RHB Research expecting consolidation unless a breakout above 26,500 strengthens bullish momentum.

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Hang Seng Index Futures inch higher as momentum cools, says RHB Research

Hang Seng Index Futures inch higher as momentum cools, says RHB Research
HSIF added 20 points to close at 25,931, but RHB Research said the narrow candlestick signalled neutral sentiment. The index traded between 26,172 and 25,801 intraday, with resistance expected near the downtrending 20-day SMA. A breakout above 26,500 may revive bullish momentum, while consolidation is likely below this level. 
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