Shanghai Composite Index had a 4% Surge

MrTopStep.com

Shanghai Composite Index had a 4% surge after the HSBC Flash PMI had its second straight month of expansion after 12 months of contraction.  Technically it settled at the .382 of the year and remains vulnerable here as RSI is elevated and still below its 200 day avg.  CHINA DEC HSBC FLASH MANUFACTURING PMI: 50.9 V 50.8E.

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