Get started
JFD_Research

Shanghai Composite - Daily - The downside resistance is broken

Long
JFD_Research  
TVC:SHCOMP   None
Chart Patterns Trend Analysis
3
0
chartpattern trendanalysis
Trade Alert

After breaking the downside resistance line on Friday, the index is preparing for a possible shift to the upside.

For us to start examining the downside, we would need to see a reversal back below the downside resistance line again.

Please see the chart for details.

Don't forget your SL.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.