I think this ETF is one of the best ways to play Chinese equities. For me this is one of the better looking setups out there.
BIG ASS inverse head and shoulders with volume on breakout is what I like.
YANG 40% potential on Daily
YANG cloud breakout
YANG breaking through MA's
just a hunch. looking at the Supertrend, MA 13/63 cross, Arron.
and the noises coming from there ...
and some wishful thinking.
no exit strategy yet, just ride it into the sunset
china bear is in the buy zone for a reversal a close above 27.77 should confirm trend
Long (Trading) YANG since Chinese market will face another round of sell-off due to near the end of the institutional trading ban.
Leveraged ETFs can be used to increase the potential trading gains.
China index is overbought now and a short pull vack is due here.
This ETFs meet all of my setup requirements.
I just start built my long position.