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 " !!
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AnbHfund
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On Monthly Charts - Hidden Pink Trendline is now a major resistance for XGY0 to break on upside which looks near to impossible !!
The Peak is formed now it's just downside on XGY0 !!
On Monthly Charts - Hidden Pink Trendline is now a major resistance for XGY0 to break on upside which looks near to impossible !!
The Peak is formed now it's just downside on XGY0 !!