Hang Seng may fall to 17460 - 17620

Pivot

17860

Our preference

Short positions below 17860 with targets at 17620 & 17460 in extension.

Alternative scenario

Above 17860 look for further upside with 17960 & 18080 as targets.

Comment

The RSI has just struck against its neutrality area at 50% and is reversing down.

Supports and resistances

18080

17960

17860

17778 Last

17620

17460

17380

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