Hang Seng may fall to 17595 - 17690

Pivot

17950

Our preference

Short positions below 17950 with targets at 17690 & 17595 in extension.

Alternative scenario

Above 17950 look for further upside with 18080 & 18200 as targets.

Comment

The RSI calls for a drop.

Supports and resistances

18200

18080

17950

17799 Last

17690

17595

17500

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