
Big movement possible on FTSE China A50 Index
FTSE China A50 Index has broken through a line of 13084.8398 and suggests a possible movement to 12748.1787 within the next 2 days. It has tested this line numerous times in the past, so one should wait for confirmation of this breakout before taking any action. If the breakout doesn’t confirm, we could see a retracement back to lines seen in the last 12 days.
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