Shanghai Composite Index failure

TVC:SHCOMP   Shanghai Composite Index
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.