Today, I'm showing you guys shanghai composite index chart which is measured by DXY. I'm not calling the end of world or something pessimism. As we can see, the index is lack of the 7th. swing before touching down ideal inflection zone. Last week China CPI data fallen to 1.8%. Now the CPI tends to be falling lower ...
XGY0 breaks out of the weekly bearish line. It is a strong sign to go long. For the whole elliott wave analysis, please check my previous analysis chart below.
Good luck for everyone!