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Shanghai Share Market

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SHNGHI-W 7-20-2015

The Shanghai share market made an outside reversal to the downside in June, signaling that the rally was over for now. The Monthly Bullish Reversal stands at 4696000, while the highest monthly close set at the end of May was 4611744, which was our major target. A monthly closing below 3049000 will signal that the rally has indeed been merely a reaction.

SHGFOR-W 7-20-2015