It looks like a 5-five up is done. Yesterday's drop is the largest since Aug.
If considered impulsive from the bottom, it is in Int 3>min 1.
SP:SPX TVC:SHCOMP AMEX:VEU TVC:SX5E AMEX:VEU 1, Vertical lines: Thin Orange is Trump wins election. Thick Orange is start of Trump presidency 2. Chart Lines: White is USA stock market, S&P500 Blue is the European “Dow Jones”, Euro Stoxx 50 Orange is the market cap weighted index of the entire planet’s stock markets (the 44 countries with capital...
SSE:000001 Fibonacci y nada más a este índice, bien simple, rápido. Abre sobre el 0,236, sube +1,78% por ahora, tremendo luego del acuerdo con USA. Resistencia histórica por ahora lo limita en 3030, veremos si la supera para continuar al alza
Assumption : completion of C wave, range bound market. Indicators used: time segmented volume, 20/50/200 EMA, DMA
The chattering class is clearly leaning towards the sentiment that Chinese growth is stabilizing as GDP growth was strong (compared to its 6.0 to 6.5 percent range) in conjunction with strong PMI numbers and, as can be seen by the Shanghai Composite, strong capital markets. While Europe is unsure what to do with the euro from the prospect of Brexit still on the...
With the U.S. - China trade deal developments ongoing and reportedly staying on positive grounds, the stock markets are globally on the rise in 2019. This is a good time to examine how the heavy Chinese companies are performing. FXI is the index that tracks China's stocks with the largest capitalization. On the monthly (1M) chart we see that since the 2009...
While moving averages at the weekly level only half bullish, the stochastic is now consistently flashing to sell while RSI heads in that direction. While this has been reversed in the past such as 2017, conditions are different. Recently, Trump indicated a trade war detente may not come until June if it comes at all as he threatens to keep tariffs on against the...
Volatility is decreasing as the trend upwards slows down. I think there is large potential to the upside as the US-China trade war comes to a detente. However, many resistance levels remain in the way before that can happen. On the other hand, the index quite easily blew past previous levels of resistance with no problems. Want to see more talk towards trade war...
Quite a run since February. One of the most volatile world indies though with a volatility percentage of 1.91 percent while the most volatile index is Iceland's 2.54 percent and the global average of .96. Trade deal headlines really influence Chinese equities. Inspires me to stay away.
3117 and 3136 remains short-term support over the next week while 2794 and 2829 could be support. Fib retracements could also be pivot points as they have been in the past.
Will touch 423.60% very soon. Usually correction will be occurred after touching 423.60%. Be careful.
SELL When: - RSI reaches 90 - Touches the RED Line with RSI reaches 80 - Bearish RSI Divergence occurs BUY When: - Touches the GREEN Line with RSI reaches 35 - Bullish RSI Divergence occurs
SSE Composite index (China monthly chart). Price will rise.
The Shanghai Composite Index has seen a considerable rise since the start of the year, which we predicted in December ( ). The parabolic rise on 1D has reached past the overbought zone (RSI hitting 80.000) and as it got close to the 0.500 Fibonacci retracement level (3,015), we should start see it consolidating. The strongest candidate for a pull back however is...
Shanghai composite breaking out of its 12 months downtrend channel with a bullish divergence.
The Shanghai Composite reflects the real situation that we are facing up. The S&P 500 completely out of mind in that perspective. Are we approaching a reversal movement in both indexes? Indeed, one of them has a lot of chances rather than the other. Which one is willing to turn over first? Learn how to beat the market as Professional Trader with an ex-insider!...