As usual, before I look at Shanghai market, I will analyst the China A50 Future. Now, let's look at what happened to A50. Yesterday, the whole day range for A50 was 1270 points. Volatile is word that I will described about the A50 or Shanghai market.
As I said the first half bull charge has completed. Second half market tends to be volatile and this is where your skill comes in. For SSE to go through a longer bull run like Nikkei, it needs a proper correction. If it don't, look at what can happen - below chart (the 2 arrows that I drew). Look at how steep the angle was. Remember this - how it went up, how it will comes down.
A lot of experts said that SSE can go higher. Of course, you can take the ride but make sure you don't get trap. History showed that numerous retail investors got trap in the second half market. Trade what you see. When market tells you to sell, you better sell. No "GREED". And also make sure you don't buy at high.
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