Hang Seng may fall to 17600 - 17670

Pivot

17840

Our preference

Short positions below 17840 with targets at 17670 & 17600 in extension.

Alternative scenario

Above 17840 look for further upside with 17960 & 18100 as targets.

Comment

The RSI calls for a new downleg.

Supports and resistances

18100

17960

17840

17718 Last

17670

17600

17440

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