DBD Strategy Daily - CHINESE INDICES ON THE EDGE
This is another day without clear signal. The HSCEI and HSI indices have been sitting on their major supports for a month, the CSI 300 has been hanging immediately below its major support for two weeks, but no movement occurs. This is probably caused by the excess of technical analysis being used on markets, and once we will get the true signal, it will move fast. For the time being, we still favour a bearish resolution.
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