Hang Seng may fall to 17320 - 17500

Pivot

17680

Our preference

Short positions below 17680 with targets at 17500 & 17320 in extension.

Alternative scenario

Above 17680 look for further upside with 17770 & 17900 as targets.

Comment

The upward potential is likely to be limited by the resistance at 17680.

Supports and resistances

17900

17770

17680

17641 Last

17500

17320

17230

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