Auguraltrader

GXC Long Range Cycle

Long
AMEX:GXC   SPDR S&P China ETF
Just doing some research and then realized that the GXC (China ETF) has a 10 year historical cycle pattern. In this pattern, it appears to be at a bottoming out period.

Just sharing an observation from the technical cycle aspects. Other qualifiers suggest a similar indication (not discussed herein).

What you also can observe is that there is a peak about 2/3 into the cycle... which projects about end 2023 peak from the current projected bottom.


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