Evergrande's Wild Ride: What Lies Ahead for China's MarketsProblems with China are all over the news now with Evergrande filing for bankruptcy and opening down 90%.
Is any of the previous examples of this are anything to go by, Evergrande goes up a few 100% now. That's what's the norm - as crazy as it sounds.
Looking at the China indices, they currently hold 76 supports. This is a real make or break level for them. If buyers hold these levels, we might have seen the end of the dump.
Probably nothing but pain if the supports break.