by Chris Kimble
image: http://blog.kimblechartingsolutions.com/wp-content/uploads/2015/06/joefridayshanghaideclinejune191-675x439.jpg
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Joe Friday Just The Facts… The Shanghai index has had a rough week,
down 13.32%. This was the 8th worst weekly decline in the past 25-years.
Any reasons this could be happening? Below looks at the Shanghai index over the past 20 years
image: http://blog.kimblechartingsolutions.com/wp-content/uploads/2015/06/shagnahi52weekrateofchangeatresistancejune19-675x405.jpg
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Over the past 52 weeks, the Shanghai index was over over 130%. This
huge gain was only surpassed by the rally into the 2007 top. The
Shanghai index met dual resistance this week, one of them was at the top
of a 20-year channel and a resistance line drawn off key lows in 2006
and 2009.
Read more at http://investmentwatchblog.com/shanghai-index-8th-worst-weekly-decline-in-its-history/#d0J7UDHHF5IS0sRz.99
image: http://blog.kimblechartingsolutions.com/wp-content/uploads/2015/06/joefridayshanghaideclinejune191-675x439.jpg
CLICK ON CHART TO ENLARGE
Joe Friday Just The Facts… The Shanghai index has had a rough week,
down 13.32%. This was the 8th worst weekly decline in the past 25-years.Any reasons this could be happening? Below looks at the Shanghai index over the past 20 years
image: http://blog.kimblechartingsolutions.com/wp-content/uploads/2015/06/shagnahi52weekrateofchangeatresistancejune19-675x405.jpg
CLICK ON CHART TO ENLARGE
Over the past 52 weeks, the Shanghai index was over over 130%. This
huge gain was only surpassed by the rally into the 2007 top. The
Shanghai index met dual resistance this week, one of them was at the top
of a 20-year channel and a resistance line drawn off key lows in 2006
and 2009.Read more at http://investmentwatchblog.com/shanghai-index-8th-worst-weekly-decline-in-its-history/#d0J7UDHHF5IS0sRz.99
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