technology of the future - tuesday, page-7

Here's China88 as of yesterday. (China88 is a composite index of Shanghai and Shenzen.)

Major long term horizontal support has broken to the down side. In the long term we can expect more down side. We're now looking at a test of the November, 2008 lows - that was the low for China in the GFC.

Here's Japan:

That "bear flag" might be extending for too long in time to be a bear flag, in which case it's an up trend channel. Expect at least a fall back to the lower edge of the channel. If that gets broken to the downside, Japan could be looking at a serious down leg.

Redbacka