China’s Shanghai Composite Index is testing primary support at 2000. Breach would warn of a decline to 1850*. Follow-through below 1990 would confirm. Reversal of 21-day Twiggs Money Flow below zero would also warn of a primary down-trend. Recovery above 2080 is unlikely, but would indicate another test of 2150.
* Target calculation: 2000 – ( 2150 – 2000 ) = 1850
Double bottom.