JohnKicklighter
Short

The Shanghai Peak Is Lower than 2008, But Its Drop Much Faster

INDEX:XGY0   Shanghai Class A Idx
139 1 4
This most recent Shanghai Composite             peak has capped out much lower than what we had seen in 2008, and its retreat is proving more explosive. The four-week ATR here has hit a record and the standard 14-day is way beyond that previous peak.
Hello, thanks you putting this on the screen. Can it be the C-wave of a big A-B-C. Especially when it drops below the A (about 3600) it would look like a big correction and now going down direction 1000...??? KR, Bert
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