Shenzhen Component Index Holding Up Well

Shenzhen Component Index

- Remains solid holding up above its Mid term Trend Support.
- A breakout from its sideways resistant will bring the index to go for Super Bull Run.
- Downside risk remain easily at its Mid Term Trend Support. A violation will serve as 1st warning.
- Long Term Trend Support (Red Line) will be the crucial support in the long run. A violation will mean the index is heading into a Bear Market.