Hang Seng may fall to 19570 - 19900

Pivot

20520

Our preference

Short positions below 20520 with targets at 19900 & 19570 in extension.

Alternative scenario

Above 20520 look for further upside with 20780 & 21070 as targets.

Comment

The RSI is bearish and calls for further decline.

Supports and resistances

21070

20780

20520

20178 Last

19900

19570

19300

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