CHINA A50 Rebound expected.

China A50 index (CN50) has been trading within a Channel Down since the October 18 2024 Low and is currently attempting to hold its 1D MA50 (blue trend-line) as Support. If successful, we expect this Bullish Leg to approach the top of the pattern.

The shortest Bullish Leg rise has been +10.94% so a 13900 Target would be well within the risk limits.

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