HSI approaching resistance, potential drop!

HSI is approaching our first resistance at 28029.9 (horizontal swing high resistance, 61.8% Fibonacci extension, 50% Fibonacci retracement) where a strong drop might occur below this level pushing price down to our major support at 26150.5 (horizontal swing low support, 61.8% Fibonacci retracement).
Stochastic (89,5,3) is also approaching resistance where we might see a corresponding drop in price.