ResonanceTrading

Chinese Stocks Heading down?

Short
AMEX:FXI   iShares China Large-Cap ETF
Will the Chinese markets go down in the same manner as Oil did in 2014?
Here I am presenting the resemblance between the correction in Chinese Stock market and Oil. Chinese Stock market is, most probably, in the C corrective wave and now heading to new lows (mid-to-long-term).

Usually wave analysis differ between stocks and commodities but the bull run between 2005-2007 in the Chinese market has the properties of a commodity's bull run.


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