Shanghai Composite Index price chart analysis
Shanghai Composite Index closed Friday's session at 2852.351 +6.130 up 0.22%.
The Index fell from 2900.000 level in mid-May and only recovered approximately 50% of its losses as of Friday's close. The critical price points to watch, first at 2845.685, support the current crucial level that could determine its next move, 2809.665 the previous support level and 2900.00 the primary resistance level.
Major events to watch today is at 11:45 the release of Chinese Caixin Manufacturing PMI reports.
The Index fell from 2900.000 level in mid-May and only recovered approximately 50% of its losses as of Friday's close. The critical price points to watch, first at 2845.685, support the current crucial level that could determine its next move, 2809.665 the previous support level and 2900.00 the primary resistance level.
Major events to watch today is at 11:45 the release of Chinese Caixin Manufacturing PMI reports.
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