Hang Seng may fall to 18980 - 19130

Pivot

19350

Our preference

Short positions below 19350 with targets at 19130 & 18980 in extension.

Alternative scenario

Above 19350 look for further upside with 19470 & 19580 as targets.

Comment

Technically the RSI is below its neutrality area at 50.

Supports and resistances

19580

19470

19350

19195 Last

19130

18980

18830

Number of asterisks represents the strength of support and resistance levels.