Hang Seng may fall to 17460 - 17660

Pivot

17890

Our preference

Short positions below 17890 with targets at 17660 & 17460 in extension.

Alternative scenario

Above 17890 look for further upside with 18080 & 18210 as targets.

Comment

The RSI is bearish and calls for further decline.

Supports and resistances

18210

18080

17890

17748 Last

17660

17460

17380

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