China has had one volatile 12 month period doubling and then giving back 30% of the move in 4 weeks. Here what is the weekly chart of the Shanghai. If the SSEC continues to rollover it will have impacts on the world markets. The bounce in June back to 4200 happened to fail right and previous support, which has now become resistance. SSEC has fallen from that test of resistance. While the MACD continues to show an increase in selling pressure and weekly RSI has fallen below 50 for the first time since the start of the move in July of 2014. 3390 has to hold its potential support from the breakout in February the 50wma as well as the lower BB if the SSEC loses that level the selling will continue with the next support comes in at 3000 then 2400. Inside the members section we take an in depth look at all the worlds major markets for actionable trade ideas. I look forward to seeing you inside the members area have a great evening.