The two groups of China stocks continued to fall until they had finally found their support at Point B and they bounced off. The China "Hot" stock group seems to be consolidating (Point C) but are more likely to follow the main group:
China Stocks (20070302):
The China Stock Group has turned downwards for the last 4 consecutive sessions, and the China "Hot" Stock Group, which is a subset of the China Stock Group, has hit a rather strong resistance and the Bearish M pattern has appeared. Expect more downside in the near future.
The China Stock Group has turned downwards for the last 4 consecutive sessions, and the China "Hot" Stock Group, which is a subset of the China Stock Group, has hit a rather strong resistance and the Bearish M pattern has appeared. Expect more downside in the near future.
