Chinese equities — seemed to have bottomed and look primed for a breakout on the EMA Ribbons which usually confirms a buy signal. Also the additional liquidity being pumped in the Chinese market is fueling the recovery as measured by M2 and the Quantitative Easing as measured by the Chinese Central bank Balance Sheet.
Price targets are at the FIb 0.5 level at...
Chinese equities — seemed to have bottomed and look primed for a breakout on the EMA Ribbons which usually confirms a buy signal. Also the additional liquidity being pumped in the Chinese market is fueling the recovery as measured by M2 and the Quantitative Easing as measured by the Chinese Central bank Balance Sheet.
Chinese equities — seemed to have bottomed and looks primed for a recovery when looking into account the liquidity available as measured by M2 and the Quantitative Easing stance of the Chinese Central bank.
Targeting the all time highs as a minimum.
It should well exceed this long term so the 1:13 risk to reward ratio is a conservative estimate.
I'm not sure how long this move will take, but I do not see the price breaking below that orange zone again on daily closing basis.
The line forecasts (orange and green) are very rough approximations of how I expect this...
Is of the Shanghai composite.
A beautiful HVF is nearing pattern triggering,.
Early accumulation is probably warranted!
Isn't now the most bearish FUD, over the Chinese economic miracle you have ever seen in a lifetime.
The chart is telling a different story of consolidation of its extreme growth and continuation of it's remarkable rise.
A quadrupling on...
It's looking for a trough in weeks/months for a big bounce up. One final leg down on "Weekly" to wrap things up.! Time + Structure is key here. Seasonality is bullish till May, but structurally looks like another low.! Or this analysis is basically wrong.!
SSE:000001 chart mapping/analysis.
Been a while since I've published any charts on TradingView - process is a pain in the a$$ tbh & procrastination crept in while lacking TA-edge on markets + other commitments..
That said, noticed Shanghai Comp chart still notching views given current environment so thought I'd give an update.
Initial TA thesis hasn't changed...
The wave cycle is quite regular, it is easy to see that the wave is tending to decrease, then increase again. Basically, the cyclical ups and downs of an economy's price waves are inevitable and easy to recognize, but you have to look at a large time frame to see it. Suitable for people with large capital for long-term investment, not suitable for short-term speculators.
Real estate has made China rich in recent years and decades. Now it looks more like radioactive kryptonite from the DC Comics universe - the birthplace of Superman.
Three months earlier, China's house prices fell 0.4% in a month, according to official statistics released in November 2023, the steepest drop since February 2015, according to Bloomberg data .
It...
Targeting the all time highs as a minimum.
It should well exceed this long term so the 1:15 risk to reward ratio is a conservative estimate.
I'm not sure how long this move will take, but I do not see the price breaking below that orange zone again.
The line forecasts (orange and green) are very rough approximations of how I expect this to unfold.
There are...
SSE:000001 chart mapping/analysis.
Bearish H&S formation on weekly chart.
Price action already broken below multi-decade trend-line.
Pattern follows through = -29% measured move down to 78.6% Fib / retrace to 2005 breakout / gap fill (weekly) confluence zone (green box).
