AnbHfund

XGY0: Stay Outside : U Could be the last Buyer on Top !!

INDEX:000002   SSE A SHARE INDEX
0
China Markets are up by about 127% ( XGYO ) since last year !!
On one hand growth is slowing down on the other rate cut is pushing markets up !!

Chinese Markets are in Mania now : No Stopping :
Hidden Trendline Resistance on weekly charts !!
Volume is going down !! Did Volume peaked 2 weeks before ?? Could be ! And if yes - this could well be the peak !!

All other indicators are just " Overbought " !!

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.