Shanghai Composite Index failure
The SCI wiped out the four months of gains in just two days. In addition, it broke support levels and is leading towards a lower target about 3,200.
All these on the back of regulators setting new rules for the game.
Also understand that street talk tells of margin calls too.
Technicals are just turning down, so that -5% may just be a beginning.
HODL!
All these on the back of regulators setting new rules for the game.
Also understand that street talk tells of margin calls too.
Technicals are just turning down, so that -5% may just be a beginning.
HODL!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.