What is the key pivot level for the Shanghai Composite?

The key pivot level for the Shanghai Composite is currently 4,054.49. Staying above this level is considered a bullish sign for the index.

What are the main resistance levels for SHCOMP?

The primary resistance levels (R1 and R2) are identified at 4,077.21 and 4,088.83 respectively.

How did the Shanghai Composite perform in the last session?

The index closed at 4,065.58, gaining 1.40% (+55.97 points) during the last cash session.

Shanghai Composite Index Analysis Feb 07 2026 | FXPremiere

The Shanghai Composite shows bullish momentum at 4,065.58; we analyze key pivot levels and risk-on scenarios for the upcoming session.

The Shanghai Composite Index entered the weekend on a constructive footing, closing the latest cash session at 4,065.58, marking a solid 1.40% gain. As market participants digest the latest policy expectations and local liquidity shifts, the 07 Feb 2026 reopen serves as a critical acceptance test for recent gains.

Market Regime and Macro Alignment

Currently, the market tape is being filtered through a complex mix of global interest rates and shifting volatility. With the SHCOMP price live data showing a session high of 4,066.12, the immediate focus remains on whether local policy triggers can sustain this upward momentum. Technical traders are closely monitoring the SHCOMP chart live to see if the index can maintain its position above the fast channel of domestic cyclicals.

Cross-asset alignment remains the primary filter for directional conviction. While the SHCOMP live chart reflects a bullish breakout, diverging regional betas suggest caution. If US Treasury yields and energy prices—specifically WTI's recent 3.25% surge—begin to disagree with equity movements, traders should treat price breaks as suspect. Observing the SHCOMP realtime feed during the Monday open will be essential to confirm if the shanghai price reflects genuine demand or merely a weekend liquidity gap.

Key Technical Levels to Watch

The structural map for the next session is defined by several high-consequence price points. The central SHCOMP live rate pivot is established at 4,054.49. For those tracking the shanghai live chart, the decision band sits between support at 4,042.87 (S1) and immediate resistance at 4,077.21 (R1). A deeper shanghai chart analysis reveals stretch targets at 4,088.83 (R2), while downside risks are anchored by the 4,020.15 (S2) level.

Probability-Weighted Scenarios

Base Case: Bullish Acceptance (62% Probability)

In this scenario, price action remains steady above the 4,054.49 pivot. This path anticipates a rotation from the pivot toward R1, supported by broader market breadth. It is vital to watch the shanghai live performance in the first hour of trading to ensure that the 4,042.87 level remains defended on any intraday pullbacks.

Risk-On Extension and Reversal Risks

A more aggressive trend day (22% probability) would require a sustained hold above the 4,077.21 level, potentially driving the index toward the 4,088.83 mark. Conversely, a risk-off reversal (16% probability) would see a rejection near the R1 resistance, leading to a rotation back toward S1. Monitoring the SHCOMP price against China A50 proxy futures will help identify if the cash index is leading or lagging the broader sentiment.

Strategic Execution and Risk Management

For continuation strategies, look for a 30-60 minute hold above the 4,077.21 resistance before committing to long positions. Range traders may prefer fading extremes back to the 4,054.49 pivot, provided the shanghai price does not exhibit high-velocity momentum. As always, round numbers and prior day extremes remain liquidity pockets where volatility spikes are common. Traders should use structural stops and consider reducing position sizes when trading into these zones.