Chartsmith
Long

'China cuts reserve requirement again to support growth'

INDEX:SCSC   S&P / Citic 300 Index
7 0 2
CommoditiesTrader was good enough to point out this recent development on my previous post.

Here is the Reuters article again for reference http://www.reuters.com/article/2015/06/27/china-economy-rrr-idUSB9N0XA03G20150627

I think we should now be expecting a bounce and perhaps a test of the 50DMA.

Good luck!
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