Hang Seng may fall to 18120 - 18230

Pivot

18390

Our preference

Short positions below 18390 with targets at 18230 & 18120 in extension.

Alternative scenario

Above 18390 look for further upside with 18460 & 18570 as targets.

Comment

As long as 18390 is resistance, expect a return to 18230.

Supports and resistances

18570

18460

18390

18335 Last

18230

18120

18000

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