Index

Hang Seng may fall to 17600 - 17670

2024-07-01

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.

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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