Analyst Chris Kimble shares an especially interesting comparison of the S&P 500 and the Shanghai Composite.
Chris comments: A frequent topic of debate is whether China is in the economic driver's seat for the world economy.
That may be so, but it appears that China is taking the world's leadership has consisted of hitting a bottom first, turning up first, then hitting Fib resistance and turning down first as well.
With China breaking support, is this stock leader suggesting that the support the 500 index is currently on is going to give way?
Best keep a "close eye" on this leading stock indicator, RIGHT NOW!