Groupmark China Index

Over the 2 last weeks we have seen the number of stock that were trading above there 20, 50 and 200 day moving average drop significantly while the index holds close to recent highs.
Stocks above their

This could signal the start of a correction for the index.  What would confirm the potential correction is a turn in index below the 20 day average of 2239.47.
Here’s a list of stocks that recently turned below the 20 day average in the last 9 trading sessions.

BJGP BMP Sunstone Corp
ATAI ATA Inc
HRAY Hurray! Holding Co Ltd
XIN Xinyuan Real Estate Co Ltd
WH WSP Holdings Ltd
CEDU ChinaEdu Corporation
FEED AgFeed Industries Inc
SMI SMIC
GIGM Gigamedia Ltd
STV China Digital TV Hldg Co Ltd
ATV Acorn International Inc
CBAK China BAK Battery Inc
YTEC Yucheng Technologies Ltd
SOL Renesola Ltd
ASIA Asiainfo Holdings
GU Gushan Environment Energy Ltd
GSI General Steel Hldgs Inc
HQS HQ Sustainable Maritime Ind
VISN VisionChina Media Inc
CHINA CDC Corporation Class A
VIT Vanceinfo Technologies Inc
APWR A-Pwr Energy Generation Sys
GRO Agria Corp
CEU China Education Alliance Inc
LTON LinkTone Ltd. ADS
HOLI Hollysys Automation Tech
JASO JA Solar Holdings Co Ltd
YGE Yingli Energy Hoding Co Ltd
CHNR China Natural Resources Inc
JRJC China Finance Online Ltd ADS
CHME China Medicine Corp
RINO RINO International Corp
QXM QIAO XING Mobile Communication
WATG Wonder Auto Technology Inc
CSUN China Sunenergy Co Ltd
LDK LDK Solar Co Ltd
SOLF Solarfun Power Holdings Co Ltd
TSL Trina Solar Ltd
CEA China Eastern Airlines ADS

One of the leading groups in the index, Solar Power Companies seem to be correcting, as well as other energy related names.  Keep an eye of all the stocks moving above or below their averages here. http://alturl.com/aioc

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