– The China A50 index broke the resistance level of 15000.00
– It is likely to rise to the resistance level 15720.00

The China A50 Index recently broke the resistance area between the 15000.00 ring resistance level and the 15115.00 resistance level (which stopped wave (1) in March).

The breakout of these resistance levels accelerated the active intermediate impulse wave (3).

Due to the strong daily uptrend, the China A50 is expected to rise towards the next resistance level of 15720.00, which is the previous monthly high from October and January and the target for wave (3) completion.

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