JICPT

CSI300 waiting for bullets from Central Banks to the upside

Long
TVC:SHCOMP   None
The monetary policy in China has been tightened since July this year. We could spot the DR007 to identify that the cost of fund have been risen since then. It directly resulted in the range bound movement of the stock index. I've marked the key zones on the chart in the yellow color. Traditionally, Q1 will be green due to the loose policy.

I will pay close attention to the market.

plan your trade and trade your plan
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.