Fundamental OverviewThe PBoC tonight surprised with rate cuts across many key benchmarks. It’s no secret that rate cuts are generally positive for stocks, but the question will be if it’s going to be enough for a sustained rally after the big correction from the cycle high set on May 20th. The recent PBoC policy framework reform suggests that the Chinese officials could take more actions to spur growth. So, the question should be if it’s enough to take some risk with a possibly high reward. Hang Seng Index Technical Analysis – Daily TimeframeOn the daily chart, we can see that the price bounced from a key support zone around the 17300 level where we had the confluence of the previous swing h
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