March 18, 2016
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SSE Changes Direction; Divergence
Last analysis, we expected index may change direction from the cue of MACD divergence. True or true? Picture worth a thousand words.
We see smaller divergence. We see a double bottom. Dead cat bounce? Will see.
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All markets around the world are declining. Everyone blames it on China economy, blame it on China stock market.
Picture worth a thousand words. Has the index change direction? MACD shows a weak divergence. Those whom has lost they money may try to cover back and start buying. They hope […]