Hang Seng may rise to 18400 - 18570

Pivot

18035

Our preference

Long positions above 18035 with targets at 18400 & 18570 in extension.

Alternative scenario

Below 18035 look for further downside with 17860 & 17660 as targets.

Comment

The RSI is bullish and calls for further advance.

Supports and resistances

18700

18570

18400

18282 Last

18035

17860

17660

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