Hang Seng Intraday: under pressure.
Pivot: 16410
Our preference: short positions below 16410 with targets at 16230 & 16140 in extension.
Alternative scenario: above 16410 look for further upside with 16510 & 16630 as targets.
Comment: the RSI is bearish and calls for further decline.
Supports and resistances:
16630
16510
16410
16285 Last
16230
16140
16000
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