399001

SSE remains capped by the descending trendline. This line has rejected every attempt higher since May. Until it breaks, bears remain in control.

Technical

The descending trendline remains resistance. A sustained break above it opens further upside. Continued rejection puts 3.8K back in play.

Shenzhen continues to trade around the ascending trendline. It needs to move back above the line before the path shifts higher.

As long as Shenzhen remains below the ascending trendline, the path of least resistance remains lower and 13.17K stays in play. A sustained move back above the trendline puts bulls back in control. A sustained break below 13.17K opens further downside.