China Stock Market Setting Up for another 25-30% Decline

INDEX:XGY0   Shanghai Class A Idx
26 0 2
Shanghai Class A Shares Index reflects that it may soon drop another 25-30% from present level, reflecting roughly 78.6% of the initial leg A down of the ABC correction that began in mid-2015. This is apparent from the triangular wave B, which, although not yet complete, is shaping up within parameters that imply such a downward post-triangle thrust measurement for wave C will be likely.
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