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Danny Devito
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  • China index: always an eye on it, only from here the panic selling can begin 2 comments
    Sep 23, 2009 8:34 PM

    Above 185 level we can sleep well, but be afraid below 185. China is very speculative index so an intraday cross of that level should already be a warning.
    This bearish pattern can be still valid with a price of the index in area 210/215 too, so we can even expect in the next weeks to see some higher level before the drop if the index will be supported by the 1 month average.
    I stay on the window, and I will update you.

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Comments (2)
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  • Tom Au, CFA
    , contributor
    Comments (6879) | Send Message
    First China, then the U.S. "Forewarned is forearmed."
    23 Sep 2009, 08:59 PM Reply Like
  • Danny Devito
    , contributor
    Comments (85) | Send Message
    Author’s reply » Thank you.
    23 Sep 2009, 09:18 PM Reply Like
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