China Sunsine: Support broke! New phase down? System says… Price 0.97


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Following up from previous blog post 3 weeks back>> http://singaporetradinginsights.blogspot.com/2018/09/china-sunsine-cautious-more-selling-if.html

We have seen some short covering near 1.00 and a rebound from this level..

From the system we actually had an exit on the bearish signal then it rebounded…

But then, a NEW BEARISH Signal came back again..

See what I mean on the system…

trading on Economists news

We have seen more selling from this signal and yes the 1.00 critical support broke down as well yesterday on market weakness…

Likely to see sellers gaining back control again especially if we stay below 1.00 now…

Downside can be to 0.90 then 0.84 as drawn or when we see another exit on the bearish signal..

Let’s see…

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See where we are now below…

trading on Economists news

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