Hang Seng may rise to 17700 - 17860

Pivot

17470

Our preference

Long positions above 17470 with targets at 17700 & 17860 in extension.

Alternative scenario

Below 17470 look for further downside with 17250 & 17110 as targets.

Comment

The RSI is mixed with a bullish bias.

Supports and resistances

18000

17860

17700

17601 Last

17470

17250

17110

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