Using my Super Algorithm, Long for $13612 for almost 2R/r
Hit resistance 13450 and retraced back, looking lesser risk for day trade target on 13085, and 12635 for swing traders.
China Virus should be gone soon, with 4Hours chart reverse from monday, we should see new high with in next month or 2. for those want to invest in China, buy A50, HKEX:2823 , or future in singapore exchange, SGX:CN1! If you want to double your cap, go for 2823, if you want easy, then the future would be best
Massive ascending triangle -- get ready to be long.
Today, the a50 futures index of Singapore hit a new high in 2019, which represents the Chinese blue chip stocks. In the past four years, the index has been showing strong characteristics. A big convergence triangle has reached the end, and if it breaks through 15000, it will form a breakthrough trend. We know that China is revamping A series of financial...
Still looking to long.... Free sharing of trade ideas.... "FOLLOW" me to receive email notification when I publish new trade idea "LIKE" this post to receive update on this thread Don't forget to hit the like/follow button if you like this post ;) That's the best way to support me Disclaimer: This information is for entertainment only, it may be incorrect...
as shown... until trend line breaks Previous China A50 analysis.... 20190912 #2 20190911 #1 Don't forget to hit the like/follow button if you like this post ;) That's the best way to support me Disclaimer: This information is for entertainment only, it may be incorrect and should not be used for your investment decisions.... I just post things for fun...
Don't forget to hit the like/follow button if you like this post ;) That's the best way to support me Disclaimer: This information is for entertainment only, it may be incorrect and should not be used for your investment decisions.... I just post things for fun based on what I've learned and that may be incorrect. Seek help from a REAL certified financial adviser...
Daily chart view Disclaimer: This information is for entertainment only, it may be incorrect and should not be used for your investment decisions.... I just post things for fun based on what I've learned and that may be incorrect. Seek help from a REAL certified financial adviser (NOT who I am - I'm nobody) for your investment or trading decisions involving real money .
Old support turned resistance after breakdown. Looking to continue bear market for China which should exasperate the downtrend for US markets as well
The up swing projection as followed: If price trade above 11004, target 11142 (first target) If price trade above 11142, target 11367(second target) Trader please be aware when price trade near to 6 months resistance zone. China A50 has been trading in narrowing trend.
As market near to end of the year, "window dressing" seasonal behavior have high chance to occur. Major markets have traded approach the previous low and indicate temporary support. A50 has again trading near to 5 months support as show in the left chart. And higher high higher low set up on the lower time frame. Trader may look for long opportunity with the...