Short
SHCOMP Bear Case
The Shanghai bear market started Jun '15 it has since made lower highs & lower lows.
The market is still respecting the downtrend channel so far and it's forming similar pattern vs. Mar '18 with a downside target of 1850 (Jun '13 low) also the lower channel support.
The market is still respecting the downtrend channel so far and it's forming similar pattern vs. Mar '18 with a downside target of 1850 (Jun '13 low) also the lower channel support.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.