Several 50-day moving averages for the indices have been violated.
Bitcoin falls by 11% to about $7,000 after a trade on a London-based exchange triggered a cascade of selling by other investors, according to the blog ZeroHedge.
With MSCI increasing the weight of domestic Chinese stocks in its global index weighting, what happens in China does not stay in China.
We would need to see some improvement in breadth and bullish technical violations on increased volume to become more encouraged.
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