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Shanghai Shows a Rebound Coming Soon: Charts

Thu 03 Jun 10 | 01:50 AM ET
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Shanghai Shows a Rebound Coming Soon: Charts

Thu 03 Jun 10 | 01:50 AM ET
The Shanghai Composite, often a leading indicator in global markets' direction, is due for a consolidation, followed by a rebound, Daryl Guppy, CEO of Guppytraders.com, said Thursday. While this takes place, the dollar will face "a sudden correction" in the next two weeks, he added. Guppy also gives his targets for gold, the CAC and the KOSPI.

Topics:

Asia  | Currencies  | Economy (U.S.)  | Europe (West)  | Investment Strategy  | Stock Market Basic Resources
 
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