HSI (Feb12) Intraday: rebound expected.
Update on supports and resistances.
Pivot: 21000
Our preference: Long positions above 21000 with targets @ 21750 & 22000 in extension.
Alternative scenario: Below 21000 look for further downside with 20680 & 20450 as targets.
Comment: the RSI is mixed and calls for caution.
Key levels
22150
22000
21750
21416 last
21000
20680
20450