SSE chart
in this round of bear market, SSE major support and resistant has fit on the fibonacci level( high 6123 and low 325). Now it has alrady penetrated the psychological level 3000, guess next important resistance woudd be around 3200, which is 50% milestone of SSE hisotry high 6123 and history low 325 again..
Once 3200 is broken, next important resistance i think would be 3900, that is 61.8%. more importantly, 3900 is also 50% of 6123 and 1665, that is the extreme value of this bear market.
In terms of percentage of rebound, SSE has just caught up with HSI-----nearly 38.2%, however, HSI still outperform of SSE. by looking at the us market and commodity chart, guess very likely HSI would be dragged down until crude and S&P hit around 60 and 830 respectively...