Hang Seng Intraday: choppy.
Pivot: 16040
Our preference: short positions below 16040 with targets at 15800 & 15680 in extension.
Alternative scenario: above 16040 look for further upside with 16260 & 16400 as targets.
Comment: as long as 16040 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
16400
16260
16040
15911 Last
15800
15680
15500
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