The SSE Composite Index is testing a long-term descending trendline.
Price is currently trading around 4,080, right at a major multi-year resistance zone.
Momentum is improving as the moving average is sloping upward.
Short-Term Outlook (1–3 Months)
Bullish Break Scenario:
If monthly close above 4,100:
Targets:
• 4,400
• 4,800
• 5,200
Stop Loss:
Below 3,800
Rejection Scenario:
If price fails to break:
Targets:
• 3,600
• 3,300
• 3,000
Stop Loss (Short Bias):
Above 4,250
Long-Term Outlook (6 Months – 2 Years)
If breakout confirms:
Targets:
• 4,800
• 5,500
• 6,000 (Previous major high)
Long-term invalidation:
Sustained move below 3,500
Fundamental Summary
• Chinese government stimulus measures
• Real estate sector stabilization
• Domestic demand recovery
• US–China geopolitical tensions
• GDP growth expectations
Continuation of policy support significantly increases breakout probability.
Price is currently trading around 4,080, right at a major multi-year resistance zone.
Momentum is improving as the moving average is sloping upward.
Short-Term Outlook (1–3 Months)
Bullish Break Scenario:
If monthly close above 4,100:
Targets:
• 4,400
• 4,800
• 5,200
Stop Loss:
Below 3,800
Rejection Scenario:
If price fails to break:
Targets:
• 3,600
• 3,300
• 3,000
Stop Loss (Short Bias):
Above 4,250
Long-Term Outlook (6 Months – 2 Years)
If breakout confirms:
Targets:
• 4,800
• 5,500
• 6,000 (Previous major high)
Long-term invalidation:
Sustained move below 3,500
Fundamental Summary
• Chinese government stimulus measures
• Real estate sector stabilization
• Domestic demand recovery
• US–China geopolitical tensions
• GDP growth expectations
Continuation of policy support significantly increases breakout probability.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.