3 Charts We are Watching - Nibble China Again?

China hangover

China futures (continuously traded) has captured all the crazy moves better than the main indexes that were closed for holidays. The SFCc1 futures are trading at the lowest since the melt up began, having given back more than half the gains. Most people did not catch the early bull in China, as unless you bought during the first 4 days, you are now down money. Note the 21 day comes in here, and some major supports are coming in slightly lower. Time to start nibbling some China longs soon?