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The Hang Seng Index and China ETF (FXI) have been rather weak over the past year, after breaking from their flag/pennant patterns.
Of late their counter trend rallies have them testing falling resistance, based upon a series of lower highs.
Are their counter rallies about to run out of steam at these key resistance lines at (2)? Keep a close eye on these two, as they are knocking on key resistance lines!
