Mentorship

Mentorship

China

19 Nov 2014 ‚óŹ 05:25 AM

The Shanghai composite has been facing resistance at 2500 recently and sold off from there. It has topped near this level twice before and a parallel channel also comes near this range. I marked a leading diagonal two years ago and have been waiting since for wave B to complete and wave C down to start. So once again from 2500 if this is the case then China should be ready for the next big leg down.

china191114

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