Shanghai market was whacked again yesterday. The Shanghai Index closed at 2319 down more than 5%.
The index is now at the year 2001 level. The immediate support is at 2245 level which is the high set way back in Jun 2001.
For those that are still holding to their stocks since the index broke out of 2245 level, all the gains have more or less vanished.
We are back to square one again.
The index is now at the year 2001 level. The immediate support is at 2245 level which is the high set way back in Jun 2001.
For those that are still holding to their stocks since the index broke out of 2245 level, all the gains have more or less vanished.
We are back to square one again.
