confusing about China50, any ideas?
Short since 11426 and add more short @ 11645 & 11700, moved STP to cost 11600, as dollar get stronger and down trend China economic, we may have 80% chance break low and aim down to 10400 range. and 20% chance we will see volatility swing between prior high and low.
Yep, you heard it and seen it right. CHINA50 one of the world most important economy and the stock market is likely to head for DOOMSDAY once again. It's not just another correction, it is a melt-down a 30% shave off from the current value and 50% to 60% from the all-time high. Technical we can see a DOUBLE TOP, and ironically CHINA STOCK MARKET RALLIED IN JAN...
i see the h4 is H&S if break out the trend line it will get up more
www.tradingview.com - fractals - MAs - Trump's chance to do something right I am buying in with a short STOP below MIN and +50% target.
This index seems to respecting this Schiff pitchfork and it's yearly pivots. Uptrend to resume?
H&S formed pulled back to neckline done high rr short just take the shot lol
I finally cracked the projection of where the stock market is heading with the China Vs USA trade war.
FTSE China A50 Index vs CH3L leveraged 3x CHN50USD
China's power dynamic is under turmoil and turbulence, the RMB will be going down and China foreign reserve is down FAST too, but still, never underestimate the market of 14billion people, so it will go down slowly.
This is a supplement to my previous analysis however we now include a performance comparison to JDs peers. One of the trends taking place in my portfolio is an increased weighting in China's technology sector. Amid the trade-driven pessimism over China, clamp down on digital assets and increased control over online content China's economy is trading at a...
ChinaA50 has gaied 760 points after the call i made to BUY at 11000. I still se upside for another potential 250/500 points up in the coming days.
ChinaA50 has fallen towards 200SMA and 161% Fibo. Has found support and looks set for a good 1000 points Rally in the coming weeks.
The Chinese index may not have reached the BOTTOM yet, from a technical point of view, a wave (5) is working with TARGET around 10,600. With this in mind, we will try to take a short position as shown on the H1 chart. If you think this analysis can be useful and you want to receive new updates about this idea, leave a your comment or your LIKE! Thank you for...
On Friday the 3rd August 2018 Chinese stocks ceded their ranking as the second-largest equity market in the world amid an elevation in trade tensions after the Trump administration said it was considering increasing the initial proposed tariff. Buying the dip: Considering Chinese markets are at almost a one year low and under a temporary trade war, a knee jerk...
The rally on Monday saw this Asian market reach the daily resistance @ 12000. I am seeing the Index pull back to previous support at 11600 then bounce back to current resistance @12000. As to whether price will break this resistance we will see with price action but its highly probable