The Shanghai Composite showing extreme weakness as it fails off a Bearish Crab Pattern completion and an early failure resistance off a crab pattern. This is extremely Bearish signals. I'm not sure they can get any more bearish than this.
How will this play into US Markets continuing into next week/ month(s)/ rest of year?
Please see the DJI- NDX- and SPX charts I have made. I even have a TSX Chart created (I think)... that is also showing early declines. I will update date these as needed, but its safe to say a bear market is beginning. SHore up.
These are not small declines- they are set to be pretty significant, they will impact specific sectors and trades! Take heed!
How will this play into US Markets continuing into next week/ month(s)/ rest of year?
Please see the DJI- NDX- and SPX charts I have made. I even have a TSX Chart created (I think)... that is also showing early declines. I will update date these as needed, but its safe to say a bear market is beginning. SHore up.
These are not small declines- they are set to be pretty significant, they will impact specific sectors and trades! Take heed!
Moorsc0de aka Crypt0nomics aka Zaphkiel
