The Shanghai Composite Index has fallen below the 3,000-point mark again since the end of February, and has fallen below the 19-year light blue upward trend line starting from 2005,…
Posts tagged as “Shanghai”
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.…
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.
China Securities Regulatory Commission (CSRC) stated in the evening on the 5th that amid recent stock market volatility, there were ‘unlawful elements’ engaged in ‘illegal profiteering.’ Multiple cases of ‘market…