China stock markets are trending up consistently in a bull trend manner. It has also surpassed its 52week high though technically, it has yet to confirm if it is back into the bull mode or not. For that it would have to give a sustainable close above the horizontal red line given at 3368 [...]
STOCK CHART -SHANGHAI MONTHLY STOCK CHART
July 2, 2009
WAVE PATTERN: STOCK MARKETS AND WAVE COUNT
June 23, 2009
Following is the envisaged wave count for all the major stock markets. This should give a broader picture of what could happen over the Medium and Long term. (Short term trend followers may delve into more elaborate details in short term charts).
There could always be some unanswered questions while following wave patterns, but they are [...]
SHANGHAI COMPOSITE: WEEKLY OUTLOOK
June 21, 2009
Shanghai Composite, currently at 2880.5 faces resistance from 2925 to 2952 ahead. It has manged to surpass our intermediate resistance around 2725, but on the long term charts it has still to go a long way to reach its 38% retracement level poised around 3970 levels. The Indian markets (BSE and Nifty) has covered [...]

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