Hang Seng may fall to 17860 - 17950

Pivot

18160

Our preference

Short positions below 18160 with targets at 17950 & 17860 in extension.

Alternative scenario

Above 18160 look for further upside with 18270 & 18460 as targets.

Comment

As long as 18160 is resistance, expect a return to 17950.

Supports and resistances

18460

18270

18160

18048 Last

17950

17860

17750

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