A possible start of a bearish trend on Hong Kong 50 Index
Hong Kong 50 Index has broken through a support line of a Descending Triangle and suggests a possible movement to 19237.2897 within the next 2 days. It has tested this line in the past, so one should probably wait for a confirmation of this breakout before taking action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 15 days.
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