"Charging Defibrillator - Stand Clear. One, two, three... Clear!" Shanghai Composite has gone critical in the past few weeks, approaching the bottom trendline of the very large triangle illustrated in older posts. This uptrendline coupled with the 2650-2700 zone might very well be the Life Support it needs. Looking for a rebound here back into the safe zone upto around 2830, and possibly the upper trendline later. An eventual break either way out of this triangle, will be the difference between a rehabilitation or a coma. Like a good doctor, continue to monitor the vital signs - price action, volume, oscillators and trendlines.
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