Thu, 09 Dec 2021 10:37:06 GMT
China A50 Index recovers in channel
Since the start of September, the China A50 index has been recovering from the 2021 low level at 14,615.00 in an ascending channel pattern. Most recently, on December 9, the index reached the resistance of the 200-day simple moving average. During the first part of the year, despite being pierced three times, the moving average managed to provide support.
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