Possible breach of support level by FTSE China A50 Index

FTSE China A50 Index is heading towards the support line of a Channel Down. If this movement continues, the price of FTSE China A50 Index could test 11016.1861 within the next 2 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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