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I shared on 10/11 that the Shanghai index was hanging onto support (see post here). The above chart reflects the crossorads of support remains in place and the index is attempting to move above resistance.
Should this index move higher, it would be a positive for the global scene.
Chris…Thanks for the update. Have a great weekend!
I just want to say “thank you” for letting us non-subscribers reap tremendous benefits from your hard work. You give us a lot of food for thought. I wish more people would send in comments. I get a lot of benefits from people sending their comments. Thank you very much for being you!