![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEixU_rIQsJkhysoW_4phJ-26cOU_VPoNmmxYOFQJAPzBjR8R78SrT87RYRNOq8I8b-AkpM6Fnz3h0O_VjZ4FEjEmUx3BRTzO8mje07g8KzzlpgehSHs8PWuyoYSaLYfkKSHtgyL/s400/SSEC.jpg)
The focus of the blog is on the economic and financial uncertainties that the world economies will face over the next five years along with demonstrating how investors can profit and survive during the upcoming manipulated economic chaos. Please keep-in-mind that I don't provide investment advice. I am simply posting what my investment views of the market happen to be. Your investment decisions are solely your own responsibility.
Tuesday, October 13, 2009
Shanghai Stock Exchange ($SSEC)
Shanghai Stock Exchange has been a leading indicator of our domestic markets over the past two years. Recently, it has diverged from our domestic markets. See the following Point & Figure chart. Also, notice that the double-top formed within one price box of the top of the page. Why is that significant? That is my "contrarious indicator" that indicates a potential top if it occurs on the top of the page, or indicates a potential bottom if it occurs on the bottom of the page. Could this be a harbinger that the bear market rally is coming to an end?
![](https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEixU_rIQsJkhysoW_4phJ-26cOU_VPoNmmxYOFQJAPzBjR8R78SrT87RYRNOq8I8b-AkpM6Fnz3h0O_VjZ4FEjEmUx3BRTzO8mje07g8KzzlpgehSHs8PWuyoYSaLYfkKSHtgyL/s400/SSEC.jpg)
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