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Shanghai Composite (2705) : Heading Towards 2575

Hong Kong Qindex 15:34 GMT June 12, 2011 - My Profile
Shanghai Composite (2705.14) : Heading Towards 2575.0: Reply
Shanghai Composite (2705.14) : Heading Towards 2575.0

The market is under pressure when it is below 2740.2. The weekly cycle pivot centers are located at 2663.2 - 2672.0 - 2679.6. Speculative selling pressure will increase when the market is below the weekly cycle pivot center at 2663.2. The short term downside targeting point is 2575.0 (see the monthly cycle directional indicator in my webpage for SSEC).

Qindex.com

SSEC : Monthly Cycle Charts
http://www.qindex.com/ssec.html