Chinese Stocks Are Crashing... indicator!

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http://www.zerohedge.com/news/2015-05-28/chinese-stocks-are-crashing

Chinese Stocks Are Crashing

Chinese Stocks Are Crashing... indicator! Picture-5

Submitted by Tyler Durden on 05/28/2015 22:35 -0400

The Shanghai Composite has extended yesterday's losses and is now officially in "correction" - down over 11% from its highs yesterday.
This is the biggest 2-day drop since August 2009
Chinese Stocks Are Crashing... indicator! 20150528_china_1_0

Chinese Stocks Are Crashing... indicator! 20150528_china_1_0

The much-heralded Shenzhen Composite is also down over 11% from yesterday's highs...
Chinese Stocks Are Crashing... indicator! 20150528_china_3_0

Intraday, a small opening ramp has been demolsihed in Shenzhen, CHINEXT, and CSI-300...
Chinese Stocks Are Crashing... indicator! 20150528_china_2_0

* * *
This has all happened since Hanergy's CEO exposed the endgame of the biggest Ponzi market ever
Chinese Stocks Are Crashing... indicator! 20150527_crash

Chinese Stocks Are Crashing... indicator! 20150527_crash

Charts: Bloomberg
Average:
5

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