kelaido

China: Market Breaks Below 2300

The technicals have been positively diverging from $SSEC index since April. The divergences have become even more evident since early July. The technical conditions are set for a rebounce. Dead above will be several down trendlines to contend with. Seeing a string of up days (more than 3), will encourage more investors from the sidelines. Otherwise, inertia will continue to exert downward pressure on $SSEC