Chartology: Chinese Small Caps (ECNS)

Stock ChartsWatch 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.
china small caps



 

 

 

 

 

 

 

 

 

 

 

 

 

 

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.

———————————————————

Twitter:  @andrewnyquist and @seeitmarket     Facebook:  See It Market

No position in any of the securities mentioned at the time of publication.

Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of his employer or any other person or entity.

Sign up for our FREE newsletter
and receive our best trading ideas and research