capri123

Shanghai composite

Short
capri123 Updated   
TVC:SHCOMP   None
-rejected at trendline again and same megaphone pattern acting as resistance
- 3400-3500 is strong resistance zone
Comment:
-ve D and busted top
- update downside target at 3320
Comment:
- LOD 3337 and reversed
- watch for lower high
Comment:
- lower high, previous low support, still in megaphone range
Trade closed: target reached:
LOD 3322 for now ~ not a decisive break down and RSI bullish divergence ~
probably a rebound then will see
Comment:

LOD 3315, revise next target to 3280-3300 where greater support there.
Need a move below 3300 for bigger pattern
Comment:
LOD 3300 and rebounded ~
Bullish RSI divergence and we will see how strong the rebound is

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