Saturday, June 23, 2012

Is China's Shanghai Index Approaching the Waterfall Decline?

You know how it goes.
You get in the river and it's flowing just enough to be exhilarating and then the gradient increases and you're right on the edge of control and you'd be worried about the class 5's except now you hear a fucking waterfall.
Or something.

From Alpha Global Investors:
(click for larger image)

Shanghai Stock exchange weekly chart ; Clear long term lower highs (see red arrows)...MORE