CHARTS_CCI_SYSTEM

[dindindon]

11/11/15 Shanghai Composite Index, an early alert

review

11/05/15 11:10:54 AM
- “next” target 3734 (0.764 4006.34-2850.71)
- supports: 3324-3121

status

Keep an eye on margin debt status, an early alert.

Shanghai stock exchange “balance of financing” (brokerages’ net loaned capital and net loaned security) climbs up for consecutive 7 trading days, up to 1.1 trillion Yuan
see chart: (as of 2015-11-12 06:37)
http://posts.cdn.wallstcn.com/69/90/fc/qq-20151110091305.png!article.foil

A few brokerages cut the margin call (forced sell) percentage. For example: Ping An securities cut it from 140% to 130%

China Stocks Are Trouncing the World Again as Bubble Angst Fades
Oct 28, 2015 Kyoungwha Kim
Margin debt, volumes are picking up as Shanghai shares advance
http://www.bloomberg.com/news/articles/2015-10-28/china-stocks-are-trouncing-the-world-again-as-bubble-angst-fades