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Hang Seng (HKFE) (H4) Intraday: key resistance at 16840.00.
2024-03-18
416
Pivot: 16840.00
Our preference: short positions below 16840.00 with targets at 16640.00 & 16570.00 in extension.
Alternative scenario: above 16840.00 look for further upside with 16980.00 & 17110.00 as targets.
Comment: as long as 16840.00 is resistance, look for choppy price action with a bearish bias.
Supports and resistances:
17110.00
16980.00
16840.00
16745.00 Last
16640.00
16570.00
16470.00
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