Hang Seng may fall to 18000 - 18100

Pivot

18265

Our preference

Short positions below 18265 with targets at 18100 & 18000 in extension.

Alternative scenario

Above 18265 look for further upside with 18330 & 18430 as targets.

Comment

Technically the RSI is below its neutrality area at 50.

Supports and resistances

18430

18330

18265

18176 Last

18100

18000

17900

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