Key Resistance Zones: 3500, 3600, 3700Key Support Zones: 2800, 2700, 2600 Shanghai SE Composite Index (SHCOMP) Long-term Trend: BearishSHCOMP continues its downward move. On January 29 downtrend; a retraced candle body tested the 61.8% Fibonacci retracement level. The retracement indicates that SHCOMP will decline to level 1.618 Fibonacci extension. That is the low of level […]
Ключові зони опору: 3500, 3600, 3700 Ключові зони підтримки: 2800, 2700, 2600 Shanghai SE Composite Index (SHCOMP) Довгостроковий тренд: BearishSHCOMP рухається вниз після того, як він був відбитий в регіоні перекупленості. 21 і 25 січня ціна двічі перевірила рівень 3640 і була відбита. Індекс впав до мінімуму 3440 […]
Key Resistance Zones: 3500, 3600, 3700Key Support Zones: 2800, 2700, 2600 Shanghai SE Composite Index (SHCOMP) Long-term Trend: BullishSHCOMP is in an upward move. The upward move is facing resistance at level 3600. The bulls are making frantic efforts to break above the resistance but to no avail. The index is trading below the resistance. […]
Key Resistance Zones: 3500, 3600, 3700Key Support Zones: 2800, 2700, 2600 Shanghai SE Composite Index (SHCOMP) Long-term Trend: BullishSHCOMP is in an upward move. The index rallied to level 3600 and pulled back. SHCOMP has fallen and it is resuming upward, retesting the resistance level. A break above the resistance will mean an upward movement […]
Key Resistance Zones: 3500, 3600, 3700Key Support Zones: 2800, 2700, 2600 Shanghai SE Composite Index (SHCOMP) Long-term Trend: BullishSHCOMP is in an upward move. The bulls have broken level 3500 as the price reached the high of 3576.205. The index is facing rejection at level 3600 resistance zone. The index has no more room to […]
Key Resistance Zones: 3300, 3400, 3500Key Support Zones: 2800, 2700, 2600 Shanghai SE Composite Index (SHCOMP) Long-term Trend: BullishSHCOMP is in an upward move. The index has broken the previous level and it is attempting to move up to level 3500. This current move will continue as the RSI is at level 63. Daily Chart […]
Key Resistance Zones: 3300, 3400, 3500Key Support Zones: 2800, 2700, 2600 In 2020, SHCOMP made a brief uptrend as the index rises from level 2700 to level 3500. Later, the index pulled back to resume consolidation on the upside. The brief uptrend reached the high of level 3456.721 in August. After the resistance, the market […]
Key Resistance Zones: 3300, 3400, 3500Key Support Zones: 2800, 2700, 2600 Shanghai SE Composite Index (SHCOMP) Long-term Trend: RangingSHCOMP is in a downward move after testing level 3460. On December 11 downtrend; a retraced candle body tested the 50% Fibonacci retracement level. The retracement indicates that SHCOMP will fall to level 2.0 Fibonacci extensions. That […]
Key Resistance Zones: 3300, 3400, 3500Key Support Zones: 2800, 2700, 2600 Shanghai SE Composite Index (SHCOMP) Long-term Trend: RangingSHCOMP has been fluctuating between levels 3200 and 3400 since July. The index has risen to level 3457. Presently, it is making a downward move. The price has broken the 21-day SMA but approaching the 50-day SMA. […]
