China A Share Weakness Continues (Buy nearer to 1900)

The leadership transition was smooth but the optimism has given way to continued weaknesses in the China A Share market. In the longer term, I am still positive China but I like to see the current weakness work its way down before going long China A Share. First support comes in at 1900 where the red horizontal line shown should hold. Stronger support comes in at 2008 market low at 1800 (the white horizontal line below the red line).