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Hang Seng (HKFE) (J4) Intraday: key resistance at 16740.00.
2024-04-15
44
Pivot: 16740.00
Our preference: short positions below 16740.00 with targets at 16470.00 & 16360.00 in extension.
Alternative scenario: above 16740.00 look for further upside with 16900.00 & 17020.00 as targets.
Comment: as long as 16740.00 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
17020.00
16900.00
16740.00
16623.00 Last
16470.00
16360.00
16180.00
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