Hang Seng may rise to 17680 - 17770

Pivot

17500

Our preference

Long positions above 17500 with targets at 17680 & 17770 in extension.

Alternative scenario

Below 17500 look for further downside with 17320 & 17230 as targets.

Comment

The RSI calls for a rebound.

Supports and resistances

17900

17770

17680

17580 Last

17500

17320

17230

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