Hang Seng Intraday: the downside prevails.
Pivot: 16410
Our preference: short positions below 16410 with targets at 16200 & 16100 in extension.
Alternative scenario: above 16410 look for further upside with 16510 & 16640 as targets.
Comment: the RSI has broken down its 30 level.
Supports and resistances:
16640
16510
16410
16295 Last
16200
16100
16000
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