DJI 30 minute not throwing out any warnings on the long side at all. If that's a bull flag, we go higher. If we go through 38.2% retracement (11424), and trade above for a few hours, then the down move is probably complete for now. Perhaps the XJO might have a bit more strength in it, after all, it has come down further over a longer time frame and China looks fine, in fact Shenzhen looks particularly strong with the bounce there recovering the level of the prior swing low on the daily. If anyone wants to see the Shanghai and Shenzhen daily charts give us a yell.![]()
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Last
7,987.9 |
Change
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