Tag SSE

Entries 2 Total

Shanghai Stock Exchange (SSE) : Bearish indicators as of 20 August 2009

Aug 21, ’09 12:06 PM

Previously, my chart reading on SSE was inconclusive as my chart was not updated properly.
The Daily Chart is now showing a very bearish view for SSE.
1. Tenkan sen has cut Kijun sen on 13 August 2009
2. 2 days back, the price action has dipped below the kumo support  at 2788
3. Leading kumo is now twisting, [...]

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Shanghai Stock Exchange (SSE) : Consolidation or Reversal?

Aug 13, ’09 10:41 AM

NOTE: Winston from InvestIdeas highlighted that my chart is outdated. Thanks. As of August 13, the support levels are no longer valid. SSE has break through the support.
The SSE has a huge run up since March, and more so since July.
From the Ichimoku Daily Chart, we can see that both the Tenkan sen and Kijun [...]

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