LONG TERM SHANGHAI COMPOSITE CHARTS TELL THE TRADE WAR STORY

The 5 Month EMA is breaking the 13 Month EMA. This now has the 5 below the 13 which is below the 21 Monthly EMA.  Every time this has previously happened the Shanghai Composite has suffered a massive drop over the following few months.

What we are witnessing is that China continues to catch down to US and European stocks.

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This week Chinese markets slipped, once again led by the tech-heavy indices...

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Shanghai Composite appears to have broken key support...

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.... and the small-cap, tech-heavy ChiNext has entered a bear market...

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An extended Trade War is going to be a serious problem for Chinese Stock Markets!

 



[SITE INDEX -- TIPPING POINTS - CHINA'S HARD LANDING]

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