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SSE Shanghai Local Company Index (SSE:000062)

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SSE:000062 SSE Shanghai Local Company Index

trendanalysis waveanalysis shangai shangaicompositive index indies china asia 000062 sse

000062 seems to have finished wave (B) down of a primary contracting triangle. Wave ( C ) up will complete primary wave D of this contracting triangle. Wave C usually is a good segment to be in and the index should reach the most probable targets 1 or 1.618 of Wave (A), 2365 and 2731 respectively. FOLLOW SKYLINEPRO TO GET UPDATES.

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The index is following the trend forecasted. See updated post