Hong Kong 50 CFD HK50 At Resistance With Overbought RSI Bear DivHong Kong 50 CFDFOREXCOM:HK50WickHunterHello Traders, This is my monthly chart for the Hong Kong 50 CFD HK50. As you can see the price has just hit the top trendline which has been an established major resistance since 2018. Also, the monthly RSI is in overbought territory with bearish divergence momentum forming. The bearish momentum is more noticeable on the weekly timeframe which I will show you. The fact resistance has been hit with bearish divergence forming on the RSI momentum indicator makes me think the price will go down from here. Lets see what happens.