Get started

A50

A50 ready to test 15k To celebrate the new year, here some TA on the China A50 index: The breakout of the descending triangle led to a powerful rally that is still in full place and will most likely bring us to 15k. The golden cross (50 SMA crossing 200 SMA from below) could be the fuel to propel us there. 15k represents a major resistance, if broken on the first attempt (unlikely), it will bring us to Valhalla. Most likely we will get a retracement and form a nice shoulder for an inverse head&shoulders formation (bullish pattern). From there we will start to raise and visit the moon once the neck (likely 15k) is broken.
SGX:CN1!Long
by RF_Trading
ChinaA50 - Bias for higher levels.CHN50 - Intraday - We look to Buy at 12540 (stop at 12380) Selling pressure from 13067 resulted in all the initial daily gains being overturned. The current move lower is expected to continue. The bias is still for higher levels and we look for any dips to be limited. We, therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. Our profit targets will be 13005 and 13140 Resistance: 13140 / 13615 / 14200 Support: 12660 / 12075 / 11120 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
VANTAGE:CHINA50Long
by Vantage
2
China A50 index to fall below the 500-week moving average?China A50 index ( CN50 ), a measure of the Chinese onshore market that keeps track of 50 of the biggest Chinese A-share companies listed on the Shenzhen and Shanghai stock exchanges, broke a major upward trend that had been in place since 2016. The technical picture sees the A50 index currently dominated by a descending channel pattern, having fallen 42% from its peak in February 2021, with prices now approaching a remarkable 500-week moving average. Given the slowdown in the Chinese economy caused by the government's Zero covid policy, the downward trend in Chinese stocks has been ongoing for a while. However, the most recent sell-off has been triggered by a crumbling confidence among foreign investors as a result of Xi Jinping's reelection as president for a third term and a leadership reshuffle within the Politburo Standing Committee during the 20th National Congress. The A50 index may not have reached its bottom yet, if the Zero-Covid policy and growing doubts about the new policymakers' plans for the country's economic future continue to dampen Chinese growth prospects. Even though the weekly RSI is beginning to exhibit extremely oversold conditions, which is extremely unusual for this market and hasn't happened since August 2011, bears still have total control over the index. But, given the wild price swings of the past few days, some technical and short-term price bounces could still happen. The psychological 11,000 point level, which is down 7% from here, and the 10,200 point level, which was the low of January 2019 (down 14% from here), provide the next significant supports. The A50 will have dropped 50% from its peak if it reaches levels from January 2019, which might encourage some dip buying there.
CAPITALCOM:CN50
by Capital.com
CHINA A50 - Asia led the recent Decline, it will againThe WMP - Chinese Wealth Management Product system is quite possibly the grandest Ponzi Scheme within recorded history of the world. Investors have adopted the belief - WMPs' are identical to a Bank Deposit, backed by the Bank that sells them. China's CCP uses the WMPs as a funding mechanism for it's Agenda in Business - Funding Projects with the Peoples Money... China holds $1.81 Trillion in Foreign Reserves, it could provide a level of Fractional assistance, but it cannot. The Capital or more accurately the WMP Ponzi is well over $12 Trillion in creation at this moment. Evergrande... slammed the breaks on the effort, the loss of confidence placed a serious doubt in Chinese Investors' minds as to whether or not their WMP "Deposit" is Safe. Clearly, it is not as the CCP had to step in with guarantees, originally $20 Billion. It has ballooned to $300 Billion. As these projects were securitized and sold... Foreign Investors wanted in on the Pyramid. Everyone from Wells to BoA to Crypto "Tethers" purchased these Instruments. GSCO is only too happy to provide a market in the JUNK as is JPM and a great many other US Firms. The attendant effects of this disruptive failure to deliver on Loan Payments created a large amount of Selling within US Markets as the Losses began to accumulate. The A50 will provide us clear indications as to the next downturn for US Equities as well. ASIA and the US does not diverge for very long when it comes to Capital Markets... One to Watch - contagion risks. Many of you are probably born after the 1987 Crush. I was at my Desk @ Drexel, it began in Germany and ended up here in mere seconds, watched it LIVE. Contagions can be quite nasty and arrive at any moment. - HK
SKILLING:CHINA50
by HK_L61
2
FTSE CHINA A50 Possible Price Rebound?Price was within the descending channel for this equity index and lately, china had done very well combating the virus outbreak and it has lower death rate comparing to Italy and thousand have already been recovered where new cases weren't escalating the way it used to like past. This all proves that china is one of a great nation around the world which may prolly rise back first from this global pandemic chaos in the near future. It was the origin of that cruel virus and people have suffered a lot in the past which I believe the virus cases have reached its peak till today and nothing can get more worst if they continue holding this virus within the jar till the vaccine development. The easing of restrictions comes as Hubei reported that new infections dropped to zero on March 19. A dramatic plunge from the height of an epidemic that’s infected around 81,171 Chinese and killed over 3,277 but recovered 73,159 (which is a great achievement) on the date report 2020 March 24. China to lift lockdown over virus epicenter Wuhan on April 8 allowing transportation to resume for the city. All these positive changes in china let me feel that it may help domestic equities to run smoothly in the near weeks or months creating a rebound on the price action for this index. At least for short to mid-term even if it's not an overall reversal it may have probabilities to create new swing highs.
CLong
by Anatta0
A50 Daily Update (18/9/17)Indices are still running upwards. A50 has met its support zone at 11800 zone. This should be a nice support to push it all the way to the top of the resistance zone at 12600. Should it breaks above 12600, it is SUPER bullish Disclaimer : This analysis not include personal feeling/opinion, and pure base on technical analysis Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose. please inform me with post a comment if it reach some critical point/break pattern, reach target/reach stop level. or if there is any question about this analysis/need new update. Because im not monitoring this chart all time
OANDA:CN50USDLong
by imjmesl