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Apr 13, 2022 1:19 PM

Evergrande contagion signals on Shanghai composite Short

'000001'/USDCNYSSE

Description

Clear RSI divergence on price action at weekly period, possible long expected housing crash is near than we thought. FED interest hikes can be last straw on already shaky Chinese housing and banking sectors. CCP Chinas close trading partners and investors will be hit more than ones who kept their distance. Time to weigh ties.
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