Two charts this morning that I think everyone needs to have a look at. First of all, the daily chart of the Shanghai. Despite having had seven down weeks they have still not been able to stop the rot. Having dreadful weather across large parts of their country could not be helping but previously we have usually been able to depend on them getting their cheque book out.
The next chart is steel. Broken through all the lows of this year.
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Two charts this morning that I think everyone needs to have a...
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