DeMark Says Chinese Stocks Are at Make-or-Break Inflection PointBy
Shanghai Composite needs to close above 3,200 to avoid selloff
Failure to close above that level clears way for move to 2,590
Tom DeMark, who predicted this month’s selloff in Chinese stocks, said the Shanghai Composite Index may extend its decline by 13 percent should it stay below a critical technical level on Wednesday.
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