As of this morning (or last night) the SCI has been sending signals that something is not quite right. The behavior via a technical eye seems to show it’s at the cusp of going into free-fall status. The 3000 level in this index is a very large psychological level much like our own Dow 20K, for an example.
https://markstcyr.com/2018/05/30/are-the-markets-about-to-get-shanghaid-again/