Some features have to be mentioned today.
902, 836, 2 and 6 have been going quite strong these few days. They are classified as defensive sector performing a risk adverse shelter for smart money. Their strong performance induced investors are behaving defensively.
Shanghai Shenzhen CSI 300 index was landed below its previous bottom. Without sufficient volume, it cannot be told there is a sharp downside rolling. But there must be lack purchasing incentive.
Bearish view should be sustained.
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