Hang Seng (HKFE) (K5) Intraday: intraday support around 22600.00.

Pivot: 22600.00

Our preference: long positions above 22600.00 with targets at 22910.00 & 23140.00 in extension.

Alternative scenario: below 22600.00 look for further downside with 22390.00 & 22220.00 as targets.

Comment: a support base at 22600.00 has formed and has allowed for a temporary stabilisation.

Supports and resistances:

23420.00

23140.00

22910.00

22740.00 Last

22600.00

22390.00

22220.00