70 pips more to drop or 2.5% more on the downside
China SH composite is approaching 2016 low at 2638.
Adding the background the BOC raised the forward reserve requirement for foreign exchange and RMB surged.
If look at the down side, 70 pips to drop/-2.5%, will possibly see a resistance showed at the 2016 retracement low @ 2638.
Personally also considered it as the psychological support of investors.
Hope the index can stop there and enter into a new rebound. [Wechat]goldtrader666
Adding the background the BOC raised the forward reserve requirement for foreign exchange and RMB surged.
If look at the down side, 70 pips to drop/-2.5%, will possibly see a resistance showed at the 2016 retracement low @ 2638.
Personally also considered it as the psychological support of investors.
Hope the index can stop there and enter into a new rebound. [Wechat]goldtrader666
我爱运气，更爱画图！
欢迎关注公众号：TradingDiDi市场分析 以及博客。不荐股谢谢！
視頻專區：
v.qq.com/vplus/e25d83eb087dffce1dccdea65b26b83d
youtube.com/channel/UCfP4Bt7aeixx_qtD9MsR8FA
部落格
xiebotrading.com
欢迎关注公众号：TradingDiDi市场分析 以及博客。不荐股谢谢！
視頻專區：
v.qq.com/vplus/e25d83eb087dffce1dccdea65b26b83d
youtube.com/channel/UCfP4Bt7aeixx_qtD9MsR8FA
部落格
xiebotrading.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
我爱运气，更爱画图！
欢迎关注公众号：TradingDiDi市场分析 以及博客。不荐股谢谢！
視頻專區：
v.qq.com/vplus/e25d83eb087dffce1dccdea65b26b83d
youtube.com/channel/UCfP4Bt7aeixx_qtD9MsR8FA
部落格
xiebotrading.com
欢迎关注公众号：TradingDiDi市场分析 以及博客。不荐股谢谢！
視頻專區：
v.qq.com/vplus/e25d83eb087dffce1dccdea65b26b83d
youtube.com/channel/UCfP4Bt7aeixx_qtD9MsR8FA
部落格
xiebotrading.com
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.