Chinese FTSE could gap a lot on the open as it was bank holiday all week in China. Broken trend line and retested, short option allows a good RRR.
Chinese index could drop to the trendline within the WXY correction. This area is located at the 1100-1200 level. The trade war with US is in the background. Today is the Chinese public holiday (Dragon Boats Festival). Tomorrow we could see the gap down. Invalidation above wave E (2047)
Is Bitcoin under china china china manipulations?! :) Interesting...
CHINESE INDEX broke strong support zone (38.2% lvl fibo) and go to the 50% lvl. Working with fibonacci levels
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) This is only a trading capability - no recommendation !!! Buying/Selling or even only watching is always your own responsibility ... 58 SHARE INDICES worldwide (2016 Yearly Performance) @ drive.google.com Best regards Aaron