Hang Seng Intraday: the downside prevails.
Pivot: 16380
Our preference: short positions below 16380 with targets at 16120 & 15980 in extension.
Alternative scenario: above 16380 look for further upside with 16480 & 16580 as targets.
Comment: the RSI has broken down its 30 level.
Supports and resistances:
16580
16480
16380
16200 Last
16120
15980
15820
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