Hang Seng may fall to 17000 - 17200

Pivot

17520

Our preference

Short positions below 17520 with targets at 17200 & 17000 in extension.

Alternative scenario

Above 17520 look for further upside with 17700 & 17865 as targets.

Comment

The RSI shows downside momentum.

Supports and resistances

17865

17700

17520

17296 Last

17200

17000

16840

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