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Hong Kong 33
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HSI approaching resistance, potential drop!

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HSI is approaching our first resistance at 30079.5 (horizontal pullback resistance, 38.2% Fibonacci retracement , 61.8% Fibonacci extension ) where a strong drop might occur below this level pushing price down to our major support at 29570.6 (38.2% Fibonacci retracement , 61.8% Fibonacci extension , horizontal pullback support).
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Chart PatternsHarmonic PatternsHang Seng HSI hsillonghsishortTrend Analysis
Tickmill
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This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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