Shanghai rises 2.6% with Tom DeMark predicting shares are about to pull out of their slump and...

|By:, SA News Editor

Shanghai rises 2.6% with Tom DeMark predicting shares are about to pull out of their slump and resume the rally that began late last year. The famed technician - who correctly called the current correction - describes the current level as a "low-risk entry zone," and says shares could rise 28% by summer's end. FXI +2.2% premarket.