2015-12-11

ChiNext Analog Enters the Danger Zone

The ChiNext analog isn't busted yet, in fact it's heading right into the danger zone. ChiNext bottomed on (trading) day 70 post peak, Nasdaq 2000 at day 51, so that gives about a month fudge factor on the analog, but other short-term tops and bottoms have come within as little as 1 day of the Nasdaq's. The "last chance" to get out of the Nasdaq came 121 days post peak. ChiNext is on day 128.

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