Either a rebound or a breakout imminent on Hong Kong 50 Index

Hong Kong 50 Index is heading towards the support line of a Falling Wedge. If this movement continues, we expect the price of Hong Kong 50 Index to test 25605.6000 within the next 20 hours. But don’t be so quick to trade, it has tested this line numerous times in the past, so this movement could be short-lived and end up rebounding just like it did in the past.

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