In the last day of July, China Shanghai Composite index hit the 52 weeks low and recorded at 2100.25 That is a bad signal.
All this time, the above said index standing at 2300 above. That is a check point for me to refer. So, if it was broke the support line. What is it never level of support? Normally, if the index broke support that have more than 20% to 30% adjustment. Would it be happen on Shanghai index?
Actually, I do believe that will happen. So, the second issue is that will affect world share market? Maybe this is a good time for investors to think over whether should keep stock or selling in hand stock.
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