Strike Analytics

Shanghai Composite

19 Jun 201805:11 AM

The Chinese Shanghai composite also gapped down below the lows in wave C=A goes to 2735. I used the word Lullaby because the last few years were not exactly exciting on this index and now it is breaking down again. So while US and China exchange words and trade tariffs, the Chinese market appears more vulnerable so far. The US is ignoring the circular effects of hurting world markets that combined make up for a lot of world GDP. Nothing makes sense right now but this is it.

PicsArt 06-19-09.00.25

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