We now have a clear thrust out from the triangle, which ultimately calls for a decline towards the 1,279 - 1,280 area. On the way the next support is located near 2,320.
The break down from the triangle should spell trouble ahead for the Chinese economy in general, especially the housing market.
Australia has been benefiting the most from the growth in the Chinese economy, but will also suffer the most as the Chinese economy gets hammered.
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