The most expensive chart you will see today 15 years. 5 major markets. One brutal truth.
NASDAQ:QQQ (US): +1,253% WOW
NSE:NIFTY (India): +334%
ACTIVTRADES:EURO50 (Europe): +92%
NASDAQ:MCHI (China): +49%
HSI:HSI (Hong Kong): +10%
If you invested $1,000 in US tech 15 years ago, you'd have ~$13,500 today.
That same $1,000 in Hong Kong? Barely $1,100. You'd have made more in a savings account. 🤯
And this is BEFORE accounting for currency depreciation — most of these markets are priced in currencies that have lost 25-70% agai
MCHI
KWEBI believe, for sometime KWEB should take a pause for a brief time:
1) The current price is right at the resistance zone on the weekly chart ($31.xy to $32.nm) - We can see many times in the past the price has turned back from these levels.
2) 50 ema on weekly chart is right at the resistance, working as double resistance for the price move.
3) Dragon fly doji at the resistance means zone of strong supply.
4) The rally has been a swift and strong, now it is a few weeks old for next round of heal
E7 CountriesI’d like an ETF for E7 Countries, holding their ETFs (Brazil EWZ; China MCHI; India INDA; Indonesia EIDO; Mexico EWW; Russia ERUS; Turquia TUR).
Theses countries has been more GDP upside than the G7 Countries. An this must go on.
*** The Russia ETD was excluded for the “index” because it isn’t been working on.
I’ll include the ETF ERUS after the war.
MCHI CHina PennantThe Chinese keep pumping futures, here's their chart using MCHI ETF which gives us a clearer picture because it accounts for currency.
Big pennant, I guess we should all have seen that....
So I'm guessing next week is decision time, possibly Monday. Virus cases over 1 million, rising exponentially....
www.worldometers.info
v.1.1 May 2019 Recovery from Market Dip Thanks to Old CommunistsRecovery from the 2019 May dip in global equities markets from the hard work of Communists (current and ex)... ? China equities and the Chinese government actions on the Chinese yuan ( CNY ). Russian equities and the Russian ruble (RUB). And also JPY and Gold.
NEO VS GAS VS BTC VS Chinese market slump Chinese markets have suffered over the last seven days. We look the effect of this on Bitcoin, Neo and Gas.
All explained on the graph.
NLong













