Long
Shanghai Comp - bullish count
Updated
My preferred count for the China is much more bearish than this optimistic count but I have to consider all possibilities. Like I have said on other posts things are getting a diverged in the equity markets with some seemingly due a correction where as others might be bottoming. If I am right about US market being due a decent correction soon it seems unlikely that China won't catch a cold to........but anyway....lets see what happens.
Note
Yep. US caught a cold. Very bearish signal in my opinion dropping through this level of support for China markets.
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