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China 500 (Shenzhen Composite) could drop to 1100-1200

Chinese index could drop to the trendline within the WXY correction.
This area is located at the 1100-1200 level.
The trade war with US is in the background.
Today is the Chinese public holiday (Dragon Boats Festival).
Tomorrow we could see the gap down.
Invalidation above wave E (2047)
chinachina500chinesechinese_indexshenzhenTrend AnalysisTZY0Wave Analysis

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