China, daily
China, monthly
Summary
*the China market will be closed for 'spring festival' from Feb 7'th-14th
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The monthly candle is confrming what was indeed a bear flag that developed across Aug-December.
In theory, its a straight run to the 2500s, and if there are a few black swans this spring in the USA/EU, then the Shanghai comp' is going to fall all the way back to 2K.
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Econ/Market chatter from Schiff
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Looking ahead
Wed' will see New home sales and the latest EIA oil report.
*the FOMC will issue a policy statement at 2pm. There will NOT be a press conf' from Yellen.
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Goodnight from London