It could get bad if the Shanghai Composite Index cannot sustain the brief increase that it has experience since the August 26, 2015 low.
As we touched upon this topic on August 23, 2015, the next downside target could be a long way down from the current level at 1,722.12. If the current support level of 2,867.34 cannot be maintained then the only downside supports levels are 2,294.73 and 1,722.12.