Hang Seng Intraday: rebound expected.
Pivot: 16450
Our preference: long positions above 16450 with targets at 16840 & 16970 in extension.
Alternative scenario: below 16450 look for further downside with 16340 & 16240 as targets.
Comment: the RSI is bullish and calls for further advance.
Supports and resistances:
17080
16970
16840
16702 Last
16450
16340
16240
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