Hang Seng (HKFE) intraday: key resistance at 24400.

Limited Decrease
l
2026-10-16 01:12Source:TC

Pivot: 24400

Our preference: short positions below 24400 with targets at 24070 & 23960 in extension.

Alternative scenario: above 24400 look for further upside with 24530 & 24700 as targets.

Comment: as long as 24400 is resistance, look for choppy price action with a bearish bias.

Supports and resistances:

24700 **

24530 ***

24400 ***

24274 Last

24070 **

23960 ***

23700 **

Head of Research at TRADING CENTRAL: Rémy GAUSSENS

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Written on 10-16-2026 at 01:12 UTC+1

Price reference: 24274 last known on 10-16-2026 at 01:12 UTC+1

Investment horizon: INTRADAY

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