DJ News Wire:
The country's top decision-making body signaled it would step up economic stimulus, including possible measures to aid the property sector. The memo released Monday by China's Politburo "essentially acknowledged the current property woes and opened the door further for a policy shift from stabilizing to at least modestly stimulating,"
Hopes for the new stimulus package boosted Chinese Shares.
Technically:
Cycle Sniper Daily Bullish Deviation and Crossing over 0
Cycle Reversal Filter headed North from the bottom.
Trade Idea:
Buy closing above 13.000 resistance.
Targets: 13.500 - 13.800 - 14.200
Good Luck
The country's top decision-making body signaled it would step up economic stimulus, including possible measures to aid the property sector. The memo released Monday by China's Politburo "essentially acknowledged the current property woes and opened the door further for a policy shift from stabilizing to at least modestly stimulating,"
Hopes for the new stimulus package boosted Chinese Shares.
Technically:
Cycle Sniper Daily Bullish Deviation and Crossing over 0
Cycle Reversal Filter headed North from the bottom.
Trade Idea:
Buy closing above 13.000 resistance.
Targets: 13.500 - 13.800 - 14.200
Good Luck
For alerts,charts,special reports,news and singals over 15.000 + instruments contact us via pm or our free Discord: discord.gg/Ku9kzfq
Link to services and products: linktr.ee/chartreaderpro
Link to services and products: linktr.ee/chartreaderpro