Mike's Mid Day Minute is available to members on Monday, Wednesday & Friday evenings, with one article per week available to non-members. Members please login and see "Mike's Mid Day Minute" in the navigation menu towards the top of the page.

Could a Shanghai Equity Market Parabolic Impact the SPX? We Might Soon Find Out!


After climb 70% from its Feb low at 3049 to last week's high at 5177, the Shanghai Composite (SHCOMP) has plunged 13.5% in what looks like a parabolic rollover that is destined to press directly into the vicinity of the up-sloping 200-Day EMA, now at 3577.

It remains to be seen if such a dramatic decline in Shanghai negatively impacts the SPX.

  • Action-Oriented Trade Set-Ups in Stocks & ETFs
  • Macro Analysis of the Broader Markets
  • Detailed Technical Guidance for each Trading Idea
  • Live Interaction w/ Mike & Our Member Community
  • And Much, Much More!
Join Now! - Special Offer!
Veteran Wall Street analyst and financial author, Mike provides detailed and timely analysis and trade set-ups on a range of markets. Read more...

Have Mike's “Out Front” morning analysis delivered FREE to your email inbox twice weekly!