Ostensibly SSE in a macro triangle formation. In this scenario we typically find peaks at 786 relationship of one another, At times we find the last leg falls shy of the 786.
** Please not the idea conveys only a potential pattern and how it may complete, and is not intended as a projection of future price action which relies on many factors that patterns and...
I have been on point with my Elliott Wave . this is my best count. I count and measure every single move. What do you guys think about this?? share your opinio
The price return At Extreme UpTrendline And break resistance zone
As you can see.
I highly recommend buying this stock now and holding it.
I expect the price to continue to rise until 3620.2176.
If you like trade At stocks don´t forget Like and Followe
For more Idea.
Good luck everyone.
any questions contact me.
SSE looks like BTC in year 2018.
Price need to break top line.
Then I think we will see very good move UP.
Perhaps all time high.
Don't forget that China is building a new Egyptian capital in the desert. New Cairo.
It is a example what China is doing now and in my opinion stock market will go UP.
Thanks for viewing.
I'm not a trader in SSE, or an investor.
General bullishness since December 2018 has recently been met with some strong resistance and selling pressure. Apart from finding myself here after reading the news today, where the commentator predicted more "risk" in the market, I don' really track this index.
I'm not a follower of the fundamentals...
This China index confirmed its completion of ABC when lockdown ended & their economy resumes. It has risen so much from the ABC correction low of 2888 & we may see wave 1 topping out with a diamond reversal pattern. As seen in the past 2 times shown in chart, a diamond can be either a reversal or continuation pattern so proceed with caution.
Reasons why I see...
000001 is now in a weekly symmetric triangle and is gonna boom up. The channel is a bottom sign and well if the Chinese stock market is not controlled by the government, I think we can buy the ETF or any single stock we like.
The Shanghai Stock Exchange (SSE COMPOSITE) broke and closed today above the 1D MA50 (blue trend-line) for the first time since January 12. This alone is a first major step towards restoring the long-term bullish sentiment. There are two more barriers ahead, the Lower Highs trend-line from December 13 2021 and then the 1D MA200 (orange trend-line). In our opinion,...
The globalization and outsourcing of companies to China so far has taken America's macroeconomic power - which America now feels. This is due to Russia's Chinese connection to the war in Europe. We are at a time of transition of macroeconomic power and a new order of the most powerful countries from an economic point of view. We are therefore very confident that...
SSE china composite index may have already bottomed at 2863.65 in April. It is now at my yellow pivot zone. It may go back down to retest the low.
2888 is a very impt FIBO level, exactly @0.786 retracement & is also coinciding with exactly 0.236 of my Fibo strategy on 2 separate retracements.
It is highly probable that SSEC may rally on early June. It may reach...
Regardless of your political bias, here's the bullish case
- Pandemic, regulatory clampdown, China-fear mongering has driven stocks down
- Broke down from pennant in April 2022 but recovered and closed within pennant - bear trap?
- Structural shift in new world order (see Ray Dahlio's animated explanation www.youtube.com)
- Curious timing where the major...
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.
