Hang Seng (HKFE) Intraday: the downside prevails.

Pivot: 27000

Our preference: short positions below 27000 with targets at 26750 & 26630 in extension.

Alternative scenario: above 27000 look for further upside with 27180 & 27310 as targets.

Comment: the upward potential is likely to be limited by the resistance at 27000.

Supports and resistances:

27310

27180

27000

26920 Last

26750

26630

26500