RHB Investment Bank Bhd (RHB Research) has maintained its short positions on the Hang Seng Index Futures (HSIF) following Wednesday's 189-point decline, which saw the index close at 19,301 points.

The HSIF opened at 19,500 points, peaked at an intraday high of 19,575 points, and later fell to a low of 19,136 points before settling at 19,301 points. During the evening session, the index lost an additional 37 points, last trading at 19,264 points.

RHB Research notes that the index formed a fresh "lower high" and "lower low," indicating that the correction remains intact. The Relative Strength Index (RSI) points downwards, reflecting growing bearish momentum. The index is now poised to test the 19,000-point support level, which could pave the way for further downward movement if breached.

In the current bearish environment, RHB Research advises maintaining a negative trading bias, anticipating continued pressure on the HSIF.