Possibility of big movement expected on FTSE China A50 Index
FTSE China A50 Index has broken through a support line of a Pennant and suggests a possible movement to 13454.0986 within the next 19 hours. 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 9 days.
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