The Amazing Rise of Shanghai

Shanghai Composite Indices has turned out to be one of the best performing markets this year. China  has received one of the highest FDI during  the last three quarters over the last 20 years the results of which will be visible in the  economic performance in the next couple of quarters.

The change in outlook is reflected in he  euphoric rise of Shanghai Composite Index over the last couple of months. Presently trading at 4657, the indices is all set to retest the previous high of 6000 touched during October 2007.

 






















The smart up move was predicted by Triple Trend Oscillator  (TTO) with the formation of synchronized bullish alignment as mentioned in our posts during March and April 2015.

http://eqtrend.blogspot.com/2015/04/shanghai-on-path-to-retest-6000.html

http://eqtrend.blogspot.com/2015/03/a-new-bull-in-china.html