Strike Analytics

Shanghai

3 Sep 201904:49 AM

Chinese market took support at key retracement levels. This after what was a 5 wave rally earlier. This has the potential to make a higher bottom and head higher. Despite all the trade news rhetoric that you have heard the Shanghai composite appears set up for a bullish move in the months ahead to the top end of a rising channel near 3600, the exact opposite of what most would expect. Suddenly china slowing feels like yesterday's news.

china030919

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