Wednesday, April 01, 2009

Shanghai Index Breaks High



Today the Shanghai Index made a 7 month high and continues to be one of the strongest stock indices out there. As you know I follow this market closely as a leading indicator for the S&P. I've been bullish on this market since November 11th and you can read that post by clicking here. Continued strength in the Shanghai Index might help support the S&P. We'll see how things unfold.

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