Hang Seng Intraday: key resistance at 16370.
Pivot: 16370
Our preference: short positions below 16370 with targets at 16190 & 16100 in extension.
Alternative scenario: above 16370 look for further upside with 16550 & 16680 as targets.
Comment: as long as 16370 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
16680
16550
16370
16313 Last
16190
16100
16000
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