What if China has already all the copper it needs, stored or block the outcome of its own mines? What if commodities trading desk of JPM sold to Mercurian is being controlled by China's entities?
What if China is proceeding in the transformation of it's economy to a more consumer based, as it's have been announced for so long.
Crazy and funny rumours or...
2008/09 support already broken and nearing the bottom of the triangle. although the fact that china is pumping new credits into the market. since the 3rd quarter 2011 the SP500 and the Shanghai Index are not entangled anymore. perhaps i will short FXI when the red line is broken with.
sorry the green SP500 looks differently in the published version. do not know...
The extension would be better if the Index went a little lower and bounced of the 2000 zone. Because a proper crab can get all the way down to 1.618 XA and 2.618 BC. But the index looks like it has found support at some shallower harmonic levels so I am issuing a bullish call to start building a position in Shanghai Class A Shares. A full position will be...
