Hang Seng may fall to 17660 - 17860

Pivot

18210

Our preference

Short positions below 18210 with targets at 17860 & 17660 in extension.

Alternative scenario

Above 18210 look for further upside with 18400 & 18570 as targets.

Comment

The RSI is bearish and calls for further decline.

Supports and resistances

18570

18400

18210

18020 Last

17860

17660

17460

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