China A50Short
China A50 is still on the down trend.
Updated
Short since 11426 and add more short @ 11645 & 11700, moved STP to cost 11600, as dollar get stronger and down trend China economic, we may have 80% chance break low and aim down to 10400 range. and 20% chance we will see volatility swing between prior high and low.
Trade active
As previously foretasted, consolidation as it is, there maybe another week of consolidation before breaking to new lows, and on break, the target is no longer 10400, perhaps in the high of 8,000 or low of 9,000, let's see market's momentum than decide.
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