Jul
02
2010
Shanghai Index May See a Temporary Bottoming Soon..
Posted by admin in Futures Pick, Market AnalysisGood Morning,
Using common Technical knowledge charting and my V3Go System, I can foresee that the Chinese Stock market is going to cool its selling soon if I am proven correct. Meaning, I am looking forward to see this market recovering after going down nearly 200points over 5 trading days. Currently, it is trading around 2368… the support should be around 2357-2359 level.
But if the market cannot stay above the above level, then traders just have to wait further.
So if this market recover, most likely, we are going to see some recovery in the local Asia stock markets too.
Cheers!
Disclaimer applied
Kelvin Han
V3Go Originator
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