Hang Seng Intraday: expect 16440.
Pivot: 16950
Our preference: short positions below 16950 with targets at 16650 & 16440 in extension.
Alternative scenario: above 16950 look for further upside with 17120 & 17350 as targets.
Comment: the RSI is bearish and calls for further downside.
Supports and resistances:
17350
17120
16950
16773 Last
16650
16440
16270
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