InterestRateArb
Long

Bullish Crab in the Shanghai Class A Index

INDEX:XGY0   Shanghai Class A Index
386 1 4
The extension would be better if the Index went a little lower and bounced of the 2000 zone. Because a proper crab can get all the way down to 1.618 XA and 2.618 BC             . But the index looks like it has found support at some shallower harmonic levels so I am issuing a bullish call to start building a position in Shanghai Class A Shares. A full position will be established if it does another dip to 2000.

If the cloud break occurs I think this index could have a sharp upwards reversal.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out