Shanghai Composite - Top in place?

We missed my ideal target area with a few points. The priceaction since the 2,679.09 high could be the beginning of the next impulsiv decline, but we might just be looking at the end of a flat correction. There should be no doubt that the decline since 2,675.83 is impulsive, but it might wave C of a flat correction (3-3-5). We need a break below 2,550 to be sure that we are looking at a new impulsive wave down and a break below 2,499 will remove any possibility of counting the rally from 2,320.08 as impulsive.