VasilyTrader

Shanghai Stock Exchange (SSE) On Decision Level

Short
SSE:000001   SSE Composite Index

SSE has reached a key pivot point.

a conjunction of a major falling trendline and horizontal structure constitute a decision level for the market.
taking into consideration current fundamental sentiment, the market will most likely go south!

our confirmation will be a bearish breakout of a rising trendline!
incase of a bearish breakout the market will reach 2750 & 2500 levels!

good luck!

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