Hang Seng Intraday: the downside prevails.
Pivot: 16450
Our preference: short positions below 16450 with targets at 16080 & 15950 in extension.
Alternative scenario: above 16450 look for further upside with 16590 & 16720 as targets.
Comment: the RSI advocates for further decline.
Supports and resistances:
16720
16590
16450
16244 Last
16080
15950
15800
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