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Chris Kimble calls our attention to a flag in the Shanghai Composite over the past three years. He sent the chart below before the Asian markets opened on Friday. As I post this, the Shanghai is up 1.85%.
Chris comments: You have highlighted the Shanghai index on a regular basis. This key stock market has formed a key pattern that very well could influence the entire world!
Flag patterns suggest that a huge move is ahead, yet it doesn't tip its hand as to the direction. The flag is about to end. FOLLOW THE BREAKOUT!
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