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Chinese stocks are off ~1.4%, giving...>

CHINA STOCKS
CHINA STOCKS: Chinese stocks are off ~1.4%, giving back yesterday's gains in
sympathy with the drop in US stocks. The 3300 level on the CSI300 remains stiff
overhead resistance keeping the broader downtrend intact.
- The Hang Seng has also retreated from yesterday's close, keeping the trend of
lower highs and the 55-dma intact.
- The Chinext is also coming under some pressure after failing to consolidate
gains above the 1400 level. Uptrend support from the Oct 30 lows is giving way,
threatening to resume the broader downtrend. 

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