The Shanghai Composite Index (SSEC) met resistance at the MA200 and the purple downtrend line, slightly falling below the 3,000-point mark and the 19-year light blue uptrend line from 2005.…
Posts published in “SHSE Market Update”
The Shanghai Composite Index has rebounded about 15% from its February low, nearing resistance from the 200-day moving average and the down trendline. Caution is advised for potential downside risks.