Hang Seng may fall to 17070 - 17170

Pivot

17300

Our preference

Short positions below 17300 with targets at 17170 & 17070 in extension.

Alternative scenario

Above 17300 look for further upside with 17440 & 17580 as targets.

Comment

The index currently faces a challenging resistance area at 17300.

Supports and resistances

17580

17440

17300

17269 Last

17170

17070

17000

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