HangSeng50: First profit target Hit ;MACD called the reversal!Hang Seng CashEIGHTCAP:HK50Kearabilwe-NonyanaIn this video, there is an update on the Hang Seng 50 trade which I have suggested in my earlier article on 9th July 2026 where the index was down 0.86% due to a 50% tariff on copper announced by Mr. Trump, the fall in shares of electric vehicles and deflationary producer prices reported from China. Just then, the MACD histogram was printing its biggest green bar for weeks and that became our trigger. Within 24 hours, the index was up three percent, and by 10th July, Friday, we achieved our first target of 24,355 when the Hang Seng is likely to post its best weekly performance since March 2025. In this video, I will show you why the index reversed, how the trade currently stands and how I will manage the position till the next target of 24,533 is reached. It would be an interesting watch for any trader dealing with indices or anyone interested in learning reversal in a chart using MACD.