Short
Chinese stocks under severe pressure from global risk
=> Market turmoil is creating its own negative feedback loops for China driving further tightening financial conditions that will last and have further effects on the economic growth in the region.
=> It seems unlikely to open the floodgates to a recession so far however further trade tensions between the US and China will add to fragility.
=> Targets in Chinese stocks remain at 2400 after the technical break of the 76.4% retracement.
=> Good luck all
=> It seems unlikely to open the floodgates to a recession so far however further trade tensions between the US and China will add to fragility.
=> Targets in Chinese stocks remain at 2400 after the technical break of the 76.4% retracement.
=> Good luck all
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