Tomorrow and Going Forward: Gap Down

hithere

This week will be the biggest down week since March 9, and it may temporarily take some rest at 8000, but eventually 8000 will be broken down after 1-2 weeks hesitation or 2-3 touches, most likely after OE.

China stock market will soon follow. 40% of China GDP is from export, and most of export is to US. 70% of US GDP is from consumer spending. While US saving rate has now reached 7% and unemployment rate is almost 10%, how can you expect China to sustain its own growth? the recent glimmer of growth and stability is just like US mostly resulted from various stimulus programs, not healthy growth based on supply and demand.

bucks

windflower

Good point

freedom

fair analysis