Watch the recent downtrend channel on the Chinese Small Caps index (ECNS) — bears have control as long as channel resistance holds. A break higher, though, would loosen the bear grip and provide bulls an opportunity to take control.
Chinese Small Caps index (ECNS) annotated daily chart with technical analysis overlay as of June 26, 2012. Price support and resistance levels with trend lines and channels. Chinese Small Caps index ticker is ECNS.
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