High probability technical bounce

We have sold off over 20% in the past 3 days. I think a bounce is likely.

There is major support at 2700. 3000 should also provide some psychological support but 2700 is better.

Long term we have room to reach 2000 again. But I don't think it will happen for a few months, and possibly not at all.

Keep it simple, don't over analyze. China news is a rumor, not an official government statement. Not yet, anyway.