Shanghai Composite: Mark Galasiewski's view on Bloomberg

Bloomberg published a report on Mark Galasiewski's view on the Chinese market, calling for an end to the correction in the Shanghai Composite. Mark is the editor of the Asian Pacific Financial Forecast, at Elliott Wave International.

"May 31 (Bloomberg) -- A “correction” in Chinese stocks that has made them Asia’s worst performers this year may be nearing its end given the duration and degree of the slump, according to Elliott Wave International Inc.  The current leg of declines in the Shanghai Composite Index has lasted 40 weeks, similar to an earlier stretch of gains, while the declines have amounted to almost half the magnitude of the previous rally, Elliott Wave said....."

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