Chart reflect that BSE small cap index has been in negative territory since Jan 2018 and may be reaching at crucial support level so if it does not hold then 500-600 point further breakdown cant be ruled out
Chinese stock market has been in bear since 2008, equity financing is shifting to debt financing, while US market is shifting from debt financing to equity financing, US interest rate going up, China interest rate going down. Housing estate already in huge bubble, stock is a place international funds not really paying attention to, this market has huge potential...
EURUSD: Another Counter-Rally prior to decline to 1.1915 Target
Having made the counter-rally back to the upper parallel EUR has continued its expected down-trend. It's now touching the next support line at 1.2027 and likley to make another small counter rally to 1.2067 and at highest to 1.2094 before it falls away again to the 1.1915 downside target towards mid May.