China – Is bull run starting?
Shanghai Composite – 3100
Not doing much for last 4-5 years. But some green shoots are visible now.
Let’s keep a watch.
Daily Chart
Weekly Chart
MACD has gone into buy mode.
Wave sturucture seems ok…but we have a big resistance of 40 WMA ahead- just 4% from current level.
Disclaimer : Charts are for study purpose only. No recommendations.
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