Hang Seng Index has reversed off our first resistance at 27219.5 (horizontal swing high resistance, 38.2% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 24437.6 (horizontal swing low support, 100% Fibonacci extension ). Stochastic (21,5,3) has reversed off resistance and we might see a corresponding drop in price below this level.
Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.