The long view on the China CSI 1000 Index
▫️ The lows of 2018 at $4,065 have not been taken out
▫️ Price is currently at $4,293 above this level
🚨The RSI has reached its most oversold level ever reaching down to a sub 17 level.
Is this an opportunity or a collapse?
How Global Market Shifts Shape the Crypto Frontier
In the ever-evolving landscape of global finance, a keen understanding of broader market dynamics is crucial, especially when analyzing cryptocurrencies like Bitcoin. The recent tumultuous events in China's stock exchanges provide a rich context for this analysis, especially when viewed through the lens of...
I am very optimistic about the future of the SSE:000852 . My analysis of economic data suggests that we may be near a bottom with chance the bottom has already in, and overall macroeconomic conditions appear promising, despite some geopolitical concerns.
Nevertheless, it should play out nicely in weeks/months from now.
A very good entry for longer...
