Hang Seng may fall to 17440 - 17600

Pivot

17830

Our preference

Short positions below 17830 with targets at 17600 & 17440 in extension.

Alternative scenario

Above 17830 look for further upside with 17960 & 18100 as targets.

Comment

The RSI is bearish and calls for further downside.

Supports and resistances

18100

17960

17830

17685 Last

17600

17440

17280

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