Hang Seng Index Technical: Bullish Consolidation Above 26,200 on China Housing Recovery

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The Hong Kong 33 CFD Index (a proxy of the Hang Seng Index futures) has staged the expected bullish breakout above its prior 4-week “Ascending Wedge” range resistance of 25,890 and hit the next intermediate resistance at 26,120, as highlighted in our prior report. Thereafter, it extended its gains and scaled up to a 4-year […]The post Hang Seng Index Technical: Bullish Consolidation Above 26,200 on China Housing Recovery appeared first on Action Forex.