Anxiety Grips China's $9 Trillion Stock Market as Key Index Nears Critical Support

Anxiety is dominating China's $9.1 trillion stock market more than any time in the past year according to a Bloomberg indicator
The Fear and Greed indicator for the Shanghai Composite index fell to its lowest level since October 2022 on Monday
The ongoing slump has sent the equities gauge to the brink of breaking through a critical 18-year trend line
While the Fear and Greed indicator has presaged rebounds before, intense bearish signals haven't always led to equally strong recoveries
Most historical trends show that an intense bearish signal hasn’t always led to an equally strong recovery