PSE confirmed Head and Shoulder Pattern, downside 7400-7480 5-28-2015

-Updates from our post last month regarding possible Head and Shoulder pattern for PSE with target downside of 7400.

http://theamazingchart.blogspot.com/2015/04/pse-short-term-breakdown-medium-term.html

Last week, for almost a month, Right Shoulder was formed, and yesterday, it broke down the neck line, confirming the Head and Shoulder pattern. Downside target is 7400.

I don't have my charts as of today so I cannot estimate the exact numbers.

The uptrend line since 2013 should be around 7400-7480 as well. Coincides with that HnS targets.

Let your instincts decide on this fruitful forecast :)

China Bull Market: looks exactly what happened years ago 5-22-2015

The China Bull Market is looking exactly the same as what happened years ago.

2000 to 2006 - China sideways to down for 6 years.

2009 to 2015 - China sideways to down for 6years.

2006 to 2008 - 2years with 500% to 550% rally.

2015 to 2017?? - 2years with 500% rally again to reach 6k level?

The legs of this rally is looking almost 90% as what happened years ago. I have no recommendation to chase it up. But trend looks exactly what happened years ago.