Index

Hang Seng may fall to 17110 - 17230

2024-08-21

Pivot

17460

Our preference

Short positions below 17460 with targets at 17230 & 17110 in extension.

Alternative scenario

Above 17460 look for further upside with 17560 & 17680 as targets.

Comment

As long as the resistance at 17460 is not surpassed, the risk of the break below 17230 remains high.

Supports and resistances

17680

17560

17460

17358 Last

17230

17110

16980

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

This is not investment advice. Past performance does not represent future performance. Your funds are at risk, please trade with caution and responsibility.


Author:

Paul Reid
Tradingtop

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