Hang Seng (HKFE) (J4) Intraday: under pressure.
Pivot: 17040.00
Our preference: short positions below 17040.00 with targets at 16700.00 & 16500.00 in extension.
Alternative scenario: above 17040.00 look for further upside with 17140.00 & 17240.00 as targets.
Comment: the RSI has broken down its 30 level.
Supports and resistances:
17240.00
17140.00
17040.00
16819.00 Last
16700.00
16500.00
16380.00
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