Hong Kong 50 Index
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Continue bearish for HK50

Yesterday HK 50 close off with a pretty nice bearish candle. Going back to my initial analysis, despite the past few weeks in a roll of bullish candle, as long as HK50 doesn't break any of the key resistance level, this could just a double top back to the downside.

For Sell, as long as the hourly candle starting to close below 16000, we can look for a sell back down to 15400 level.

For buy, I will only consider once it close above 16429.
Trend Analysis

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