[teaserteam]

Cannot close above 17,700.  Gone case if break below 17,200

So far the twisting of policy to rescue the falling economy has not worked well. Presently, China is said to be in a liquidity trap in which the credit demand and economic growth is not recovering when they lower the interest rate. Japan had a similar problem in 1997-1998 and they lost decades of economic growth.

Therefore, it is very unlikely that we will see HSI and SSE picking up their momentum to rise if the liquidity trap is still persists.


https://www.bcaresearch.com/reports?r=7e...0a2a54c71e