Hang Seng Intraday: key resistance at 16820.
Pivot: 16820
Our preference: short positions below 16820 with targets at 16560 & 16440 in extension.
Alternative scenario: above 16820 look for further upside with 16960 & 17080 as targets.
Comment: as long as the resistance at 16820 is not surpassed, the risk of the break below 16560 remains high.
Supports and resistances:
17080
16960
16820
16700 Last
16560
16440
16290
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