Clear RSI divergence on price action at weekly period, possible long expected housing crash is near than we thought. FED interest hikes can be last straw on already shaky Chinese housing and banking sectors. CCP Chinas close trading partners and investors will be hit more than ones who kept their distance. Time to weigh ties.
The SSE Composite Index is an index of all companies trading on the Shanghai Stock Exchange in categories A and B. On a large timeframe, the price has now soared high with strong momentum support. Volatility has shrunk to the downside. From a technical analysis perspective, this pattern is a flat that has unfolded in a 3-3-5 structure. (normally labeled ABC) wave...
I believe that many traders must be familiar with the Fibonacci sequence. In actual combat, we also use the Fibonacci sequence to predict the probability of a change in direction at an important stage of the market. , In the market analysis method, the Fibonacci sequence appears frequently.
The price trend of the market is cyclical, and the time period is the...
Currently, based on MY STRATEGY we have a strong wick and volume, that's a pretty strong indication that SSE COMPOSITE PROBABLY WILL GO DOWN next week
65% of probability
SSE ( Shanghai Stock Exchange ) chart. Shown it might completed its long term "Bullish Triangle" pattern. The Western media especially U.S Media have been debating China's Doom since many decades ago to recent "comparing" U.S Lehman brother with China's Evergrande .By checking SSE and SP500 chart.. Maybe The American should be "more worry" about their own "backyard"..
Risk warning, disclaimer: the above is a personal market judgment based on published information and historical chart data on Tradingview, all analysis is only subjective. Hope investors consider, I am not responsible for your investment decision. Thank you.
Good luck
SSE Composite Index (January 31st 2021 through 2024-2028)
Low: 2,904 points
High: 4,385 points
I track this metric as part of a weekly Cindicator forecast, I've come up with these projections solely using what I can so far understand of technical analytic methodology applied to the present data.
My current belief is that the SSE index is in one large...
SSE Composite Index (January 31st 2021 through June 2022)
Low: 3,174 - 3,460 points
High: 3,922 - 4,385 points
I track this metric as part of a weekly Cindicator forecast, I've come up with these projections solely using what I can so far understand of technical analytic methodology applied to the present data.
My current belief is that the SSE index is in...
SSE:000001
Happy 2021 traders!!
SSE Composite (China A share index) has finally broken up the long term down trend line extended from Dec 2015 and Jan 2018.
Indeed it is a very bullish movement! The major resistances above are at 3587 and 3684.
Stay tune for the update:)
SSE Composite Index (January 1st 2021 through July 2021)
Low: 3,210-3,473 points/CNY
High: 3,914-4,002 points/CNY
Very interesting that we have reached the top of this compression channel again, will it fully break out this time? Or maybe its another head and shoulders... Here are 2 different scenarios I can see playing out, both ending in bullish patterns...
SSE Composite Index (SSE) (November 15th 2020 through November 20th 2020)
Low: 3,211.28 points
High: 3,320 points
My idea behind what could happen in the SSE this week.
Thanks for tuning in :) Disclaimer, anyone in the trade needs to do their own due diligence and decide what is right for YOU. My charts can be wrong at any time and it's very important that...
