Shanghai Composite Index: Testing Critical Support

It could get bad if the Shanghai Composite Index cannot sustain the brief increase that it has experience since the August 26, 2015 low.

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As we touched upon this topic on August 23, 2015, the next downside target could be a long way down from the current level at 1,722.12.  If the current support level of 2,867.34 cannot be maintained then the only downside supports levels are 2,294.73 and 1,722.12.

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