Hang Seng may fall to 17110 - 17230

Pivot

17580

Our preference

Short positions below 17580 with targets at 17230 & 17110 in extension.

Alternative scenario

Above 17580 look for further upside with 17720 & 17830 as targets.

Comment

The RSI is mixed to bearish.

Supports and resistances

17830

17720

17580

17444 Last

17230

17110

17000

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