Hang Seng Intraday: key resistance at 16330.
Pivot: 16330
Our preference: short positions below 16330 with targets at 16150 & 16040 in extension.
Alternative scenario: above 16330 look for further upside with 16450 & 16580 as targets.
Comment: the RSI is bearish and calls for further downside.
Supports and resistances:
16580
16450
16330
16224 Last
16150
16040
15900
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