Hang Seng to continue Lower?

Not the textbook example of a head and shoulders pattern on the Hang Seng, but nonetheless showing us a transition from higher lows (uptrend) to now lower highs (downtrend).

I wouldn't really want to trade equities given world equity markets are remaining poised for the Federal Reserve rate decision...but I do like the break, and if we can confirm the retest here with a close below 27980 it would have my attention.

The 27400 zone is a potential first profit target.

China has come out saying they will not accept the protests in Hong Kong. They want things to cool down. If you follow my work, I have said China wants more control over Hong Kong (mostly getting rid of British Law) because it is a way for people to get money out of the country (also through Bitcoin as well), but also a way for Mainland China to get away from US Tariffs. Hong Kong is not targeted by Tariffs so Mainland can export from Hong Kong.