Hang Seng Intraday: key resistance at 16760.
Pivot: 16760
Our preference: short positions below 16760 with targets at 16540 & 16440 in extension.
Alternative scenario: above 16760 look for further upside with 16950 & 17120 as targets.
Comment: even though a continuation of the technical rebound cannot be ruled out, its extent should be limited.
Supports and resistances:
17120
16950
16760
16643 Last
16540
16440
16270
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