PlayDefence
Short

1st wave of bull circle finish

INDEX:XGY0   Shanghai Class A Index
27 0 1
According to Elliot Wave guideline, wave 2 will retrace 50~62% of wave 1, if my counts is right. Also, RSI divergence indicates the index's top, plus latest canldestick, either Doji or Spinning Tops. There's not that much doubt on next week's movement. Bull circle is identified by weekly 30MA.
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