Shanghai Stocks Falling Out of Favor As Central Bank Tightening Hard On Track

The Shanghai Composite Index had its worst day of the year Thursday, down 2.3%. After beginning a well-defined price uptrend that started in May 2017, Wednesday’s move could trigger sensitive momentum algorithms to exit long positions, particularly those formulas that focus on price channel patterns and downside deviation consistency models. But beyond the algorithmic factors, […]<br />Visit Shanghai Stocks Falling Out of Favor As Central Bank Tightening Hard On Track on .

Source