Hang Seng may fall to 17220 - 17400

Pivot

17660

Our preference

Short positions below 17660 with targets at 17400 & 17220 in extension.

Alternative scenario

Above 17660 look for further upside with 17800 & 17950 as targets.

Comment

The RSI calls for a drop.

Supports and resistances

17950

17800

17660

17483 Last

17400

17220

17100

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