Hang Seng may fall to 17250 - 17360

Pivot

17600

Our preference

Short positions below 17600 with targets at 17360 & 17250 in extension.

Alternative scenario

Above 17600 look for further upside with 17700 & 17860 as targets.

Comment

The RSI calls for a drop.

Supports and resistances

17860

17700

17600

17511 Last

17360

17250

17110

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