China A50

OANDA

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CN50USD

SHS shs failures Will not trade, long other Equities

As shown

To week level,be care

4H CHART EXPLANATION After the downside movement triggered by the Trade War price consolidated on a corrective pattern, and it may be finished. We will wait for a breakout of the structure to take short positions. DAILY VISION:

CHYNA *Trump's voice*

Reasons: Crossed MA50 in 15M, already tested upper trend line, strong sell candle on 15min

As shown

Assumption : completion of C wave, range bound market. Indicators used: time segmented volume, 20/50/200 EMA, DMA

China

The H&S hourly top in the Chinese market just met the first objective.

go long A50 at 12500 this is the first entry

go

Looks like an almost perfect bullish wedge here. The H&S had a target arond 12.600, which has been reached, so it could be a (temp) turning point. With this bullish wedge at the low, it seems to be a perfect setup. Ideally we see one more drop to test the low again. When seeing it turn a bit at that low, might get a chance to catch the exact low. But in theory,...

So far the Chinese CN50 has worked off the hourly oversold condition poorly. A break of 12,600, and this could go down to fulfill the H&S top measuring objective.

The H&S top mentioned last week on Twitter worked well. This projects to around 12,600.

Elliot Wave outlook. Possible end of a Zig Zag. will look for entry monday.

China 50 looks pretty bad. Hope it's nothing serious. The MegaMACD consists of simple modifications to the normal MACD, and has all the trend nonsense taken out. It's singularly useful to quantify the "strength" of impulses. If it's not doing what price is doing (like here), then something is awry. There are other reasons to short this thing outside of the...

Waiting for theshort opportunities