China A 50 have not move out from the 800 points range since July. Recent rally again found toppish on resistance zone priced between 11500 to 12000.
Yesterday selling again has formed lower low structure. Trader please stay at the sell side if price moving lower high lower low.
The down swing projection as followed:
If price trade above 11420, target 11195....
China A 50 have rebounded 5 times in the past 5 months when the price reached 10800. The market have not move out from the 800 points range since July.
Yesterday selling again brough the price to this price zone 10800 with a low at 10710 and quickly rebound. Trader please stay at the buy side if price moving higher high higher low.
The up swing projection as...