Really think even with all the bad news Chinese stocks are about to rocket, backtesting the breakout and support from 2016, this one is a hard long for me.
China is the world’s second-largest economy. If that doesn’t impress you, consider this: It has grown from a ragtag collection of state-owned firms to the world’s second-largest economy in just 35 years. China is now the world’s largest producer of goods, from smartphones to steel, autos to aircraft carriers. In 2017 alone, China produced almost as much output as...
China will win WW3.
The best option is to submit to our new rulers.
Xi, I am sorry if I called you a pooh bear a few times. Please don't kill me. Thanks.
I’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.
Apparently a bear-flag emerging on iShares MSCI China.
Should be ready by the end of September.
I expect this to resolve down to 54.11 roughly where support from 2020 sits by the end of 2021.
“A lo largo del 2020 hemos visto un aumento en el interés de los inversionistas institucionales en exposiciones más granulares en las regiones que suelen invertir", explica Francisco Rosemberg, gerente comercial del segmento institucional para BlackRock Chile.
www.latercera.com
The 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
Weekly analysis:
- Huge bullish volume when price bounce off support at 60
- Volume is quite significant so far because it has only been 3 days in for this week
- Nice void above. Not much resistance on the way to 2R
Daily analysis:
- Nice hammer like candle with decent volume (about 2 to 2.5 times the normal volume)
- Nice void above same as weekly
Intraday...
The MCHI China index has been plummeting due to the coronavirus outbreak, which has many Chinese cities on lockdown today. Also hard-hit by the coronavirus outbreak are shipping companies and airline companies and the crude oil producers who serve them. The odds are good that the story will get worse before it gets better. Not only are we likely to see more...
Recovery 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.
NASDAQ
