Hang Seng (HKFE) (K5) Intraday: choppy.

Pivot: 22100.00

Our preference: short positions below 22100.00 with targets at 21880.00 & 21775.00 in extension.

Alternative scenario: above 22100.00 look for further upside with 22195.00 & 22285.00 as targets.

Comment: as long as 22100.00 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

22285.00

22195.00

22100.00

22016.00 Last

21880.00

21775.00

21680.00