Overlay shows AUDUSD, CSI 300, China A50 high positive correlation. Divergence signals turning point; weak China indices points to AUDUSD weakness also.
Shanghai Shenzhen CSI300 Index closed early second time this week trading down 7% less than 30 minutes. High volume indicates more selling in next few days.
Shanghai Shenzhen CSI300 index opens year down 7% and halted. Intraday selling was remorseless, no sign of short covering despite first break. Very bearish.