Yesterday started with the Bank of Japan. As we have already noted, the parameters of monetary policy (rates and quantitative easing program) were left unchanged. But at the same time, the Central Bank lowered its own forecast for the country's economic growth in the current fiscal year (ends in March 2021): GDP will decrease by 4.5% -5.7% (previously the range...
Now we could see clear ABC pattern with A=2C(red lines), if the Kline up breaks B. We can see a clear bull trend with target: 11000-17000 , even higher
For trend analysis only, ¥8.6 is a stong 2-year support for Hengyi. I've been holding the long position since ¥9.2. Hengyi may try to break out the triangle very soon. If it did a break out, it'd rise to ¥13 in the coming 6 months.
3-rd wave now and it will dump to 3127 to be the 4th wave then comes to the 5th wave.
Go back at 245 then buy it or exceed 272 then buy it.
Next week the market will return to decline You can benefit from selling
The rally of late has driven prices on the Shanghai Composite (SSE) to a 52 week high, smashing through key resistance levels along the way. Much of this sudden interest in Chinese stocks is all thanks to the Chinese Government egging on Chinese Investors to jump on the bandwagon and throw their money at the stock market. Needless to say, this led to a huge spike...
moving averages crossing indicating another leg up. Synchronized with bullish crossing S&P; bearish crossing USD index. A 2007-like bullrun is in the cards. it's all a big symphony.
There is a positive correlation between the US and Chinese stock markets, and the Chinese government can manipulate US elections by manipulating the Chinese stock market. The Chinese government is using its power to raise the Chinese stock index.The Chinese government has boosted the US stock market by pulling up the Chinese stock market. Through such abductions,...
Hi all, Based on a number of signals suggesting upward momentum, I have initiated a long position with a Risk Reward of 2.5. Sideways support held Rising trendline support held Returned close to 200MA Long term upward trend Rising volume What makes this trade even more attractive in value for me is that the upward momentum actually started the day before, but...