Auguraltrader

China, Evergrande, and how now?

AMEX:GXC   SPDR S&P China ETF
Although I had expectations for China (funds) previously, I still have good expectations. BUT something fundamentally has been changing, and it is still pushing downwards in consolidation. IF at all, the Evergrande debacle appears to be a spark in the trigger.
Looks like Lehman 2.0 for thsoe who still remember...

Looks more bearish than bullish to me IMHO... 70/30 at this point.

Just keeping an eye on this!