The SCI is trading under the 200 moving average but still in a range for a long time now a break of this range will show the way for the long term for the Shanghai composite index but the most aggressive trader can try to short now at 2906 because we are under the 200 MA and target 2850
so my strategy for the long term is to wait for the break of the range between 3050 and 2759 to make a trade but for now we can short now at 2900 and target 2850 with a stop loss at 2930
so my strategy for the long term is to wait for the break of the range between 3050 and 2759 to make a trade but for now we can short now at 2900 and target 2850 with a stop loss at 2930