Hang Seng (HKFE) (Z3) Intraday: key resistance at 17160.00.
Pivot: 17160.00
Our preference: short positions below 17160.00 with targets at 16950.00 & 16750.00 in extension.
Alternative scenario: above 17160.00 look for further upside with 17280.00 & 17390.00 as targets.
Comment: as long as 17160.00 is resistance, expect a return to 16950.00.
Supports and resistances:
17390.00
17280.00
17160.00
17050.00 Last
16950.00
16750.00
16600.00
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