Hang Seng may fall to 18300 - 18430

Pivot

18670

Our preference

Short positions below 18670 with targets at 18430 & 18300 in extension.

Alternative scenario

Above 18670 look for further upside with 18870 & 19010 as targets.

Comment

As long as the resistance at 18670 is not surpassed, the risk of the break below 18430 remains high.

Supports and resistances

19010

18870

18670

18545 Last

18430

18300

18200

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