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Wednesday, February 3, 2010

China officially in a bear market

The most basic definition of a bull or bear market is the market’s position when compared to the 200 day moving average.

Most chartists consider a market above the 200 day moving average to be in a bull market and a market below the 200 day moving average to be in a bear market.

China’s Shanghai Index recently broke below the 200 day and appears to be...

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