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

Hong Kong 50 Index is heading towards the resistance line of a Rising Wedge. If this movement continues, the price of Hong Kong 50 Index could test 20354.7960 within the next 3 days. 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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