Breach of important price line imminent by Hong Kong 50 Index

Hong Kong 50 Index is moving towards a line of 25112.9004 which it has tested numerous times in the past. We have seen it retrace from this position in the past, so at this stage it isn’t clear whether it will breach this price or rebound as it did before. If Hong Kong 50 Index continues in its current trajectory, we may see it move towards 25112.9004 within the next 2 days.

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