Hang Seng Intraday: under pressure.
Pivot: 16850
Our preference: short positions below 16850 with targets at 16650 & 16530 in extension.
Alternative scenario: above 16850 look for further upside with 17010 & 17210 as targets.
Comment: the RSI is bearish and calls for further decline.
Supports and resistances:
17210
17010
16850
16709 Last
16650
16530
16350
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