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Shanghai Composite

24 Apr 2018 ‚óŹ 05:55 AM

China bouncing back this morning after what can be marked as a 5 wave decline. 2 positive divergences on the RSI as well. Last few days a lot of news around the Shanghai index making a new low but as you can see it is like a double bottom. The wave iv high near 3333 maybe revisited before things turn ugly again.

shanghai 240418

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