Monday, June 7, 2010

China Rolling Over

This may be the straw that breaks the camel's back.  The Shanghai Composite is rolling over and is going deeper and deeper into bear market territory.  As I have mentioned before, China often moves ahead of the US and European indices.  I would be more confident in grabbing falling knives if the Shanghai Composite and China H-Shares Index trades relative strong to the US.
Shanghai Index


H-Shares Index

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