Shanghai SE Composite Index (SHCOMP) Maua le Lagolago i le Laasaga 3450, Toe Fa'aauauina le Agai i luga

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Sone Tetee Faʻamau: 3500, 3600, 3700
Key Sone Lagolago: 2800, 2700, 2600

Shanghai SE Composite Index (SHCOMP) Taimi umi: Bullish
SHCOMP has resumed upward after falling to the low of 3450. The price has broken above the SMAs. This is an indication that the index will continue to rise on the upside.

Faʻailoga o le Siata i Aso Taʻitasi Faitauina:
SHCOMP ua siʻitia i le tulaga 65 o le Relative Strength Index vaitaimi 14. O le faasino upu o loʻo i le uptrend sone ma luga atu o le ogatotonu 50. O le 21-aso SMA ma 50-aso SMA o loʻo faʻasolosolo agai i luga e faʻailoa mai ai luga.

Shanghai SE Composite Index (SHCOMP) Tausaga feololo: Faʻamataʻu
On the 4- hour chart, the index is in an upward move. On February 5 uptrend; a retraced candle body tested the 50% Fibonacci retracement level. The retracement indicates that SHCOMP will rise to level 2.0 Fibonacci extensions. That is the high of level 3601.192.

4-itula Siata Faailoilo Faitauina
SHCOMP is above the 80% range of daily stochastic. The index is in a bullish momentum. The 21-day SMA and the 50-day SMA are sloping upward indicating an uptrend

Lautele Outlook mo Shanghai SE tuʻufaʻatasi Faasino (SHCOMP)
SHCOMP has resumed upward move after reaching the low of level 3450. The downtrend was a retracement from the recent high, The index was resisted at level 3600 which resulted in a downward move. The bullish momentum has resumed as price breaks the resistance at level 3600.



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