Hang Seng may rise to 18330 - 18430

Pivot

18100

Our preference

Long positions above 18100 with targets at 18330 & 18430 in extension.

Alternative scenario

Below 18100 look for further downside with 18000 & 17900 as targets.

Comment

The RSI is below its neutrality area at 50% but reversing up.

Supports and resistances

18570

18430

18330

18203 Last

18100

18000

17900

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