The China's annual economic growth slowed in the second quarter of 2013, representing a further sign of weakness of the second largest economy in the world.
The world economy slows its development, which is evident not only in the U.S. and Europe, but also in China; the economic giant will be to address a crisis?
As mentioned in the description of the strategy, identify support and resistance levels are critical to the development of our trading with this strategy, can be placed in these, our orders stop loss or take profit.
We define the concept of support as a price level that is below the current one, in which we expect the buying power exceeds the sales force, so that bearish movement will be slowed and therefore, the price rebound this level upwards. Typically, a support corresponds to a floor reached earlier.