Shanghai Composite: Upside Targets

In the October 5, 2019 posting we said the following:

“The more time passes the easier it gets to exceed the minimum upside resistance target of 3,815.82.  The problem comes up when the market fails to breakout out on the upside in spite of the passage of time.”

The current upside targets appear to be between the 3,815.82 to 4,275.00 levels.

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