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China stocks 'to fall another 14%'

Tom DeMark, who forecast Shanghai Composite's bottom in 2013, says market's trading pattern resembles 1929 US crash

Chinese stocks fell sharply as the Shanghai Composite plunged 8.5 per cent on Monday in the worst selloff in eight years.

CHINESE stocks will decline by an additional 14 per cent over the next three weeks as the market demonstrates a trading pattern that mirrors the US crash in 1929, according to Tom DeMark.

The Shanghai Composite Index will sink to 3,200 after plunging 8.5 per cent on Monday to 3,725.56 in...

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