China Small-Cap 500 Index At 5,000 Resistance, Up 224% From 2008 Low

The China Small-Cap 500 Index is testing 5,000-5,500 resistance after running up 224% from the September, 2008 low. Read this article at [China’s Small-Cap Stocks Fall Most in Three Months]. You can find the chart here.  Look at the insane move. Does this index have an ETF and volatility index? Watch that uptrend line.

CSI Smallcap 500 Index (SH000905:IND, screenshots from

Zoomed in, the uptrend structure needs to break for a downside move...

This continues from my post on Jim Chanos on Charlie Rose.