Auguraltrader

Quick Analyses of China Equities

AMEX:GXC   SPDR S&P China ETF
Been such a fan, waiting for so long, but I think the technical outlook for China Equities is not looking too good.

Three fails
Breakdown of the TDST puts it in Bearish primary trend mode.
MACD is bearish
VolDiv shows some accumulation

Some downside, highly probable.
Target at 66/67
then see how...

for those who love China equites!

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.