A Bull in China….
August 31, 2020 Leave a comment
The chart below shows the Shanghai Composite today is trading at the same price it was in 2018, 2015, 2010, 2009 & 2007.
More so, it has been a flat market for the past 4 years,
In the interim, I expect that market to come back a little, perhaps to 3,100 (about 10% decline), while my indicators are confirming the longer trend is higher.
August 31, 2020
by Rob Zdravevski
rob@karriasset.com.au