“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.
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....
- 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
- Nice hammer like candle with decent volume (about 2 to 2.5 times the normal volume)
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.
Looks like China versus the emerging markets is making another come back! First it was 2013, then again it was about 2016 then is based out and rallied in 2017. Now, here we are again at the same old trendline at the end of 2018 and beginning of 2019. The Shanghai Index is also at an all time, weekly/monthly support level.
Could something about China be...
MCHI tracks the big China blue chips
China and Japan possibly oversold from the last week of selloffs.
N225 and HSI
Now that the DJI, IXIC and SPX have found a bottom (hopefully) expect Asia to bounce.
Got in at 70, looking to sell over the week at 76-78