Chinese CSI 300 index has started multi year BULL. Bi-Weekly RSI Trendline (green) break above the market baseline (orange) in TDI indicator.
The more negative news we received about China, the more people want to know about it. From the property slump, weak demand, subdue consumer confidence to ever changing government policies, all eyes are peeling onto China and awaits eagerly for a plethora of good news to come out from the Chinese Government. The top 300 companies in China , reflected in CSI300...
The Chinese government and its central bank are starting to implement an expansionary fiscal and monetary policy with a double objective: to end capital outflows and ensure a 5% annual GDP growth. This is a great medium-term trading opportunity in CSI300 with a great win/loss ratio (26/1). No other index in the world today has such a reward! If we look at...
No one wants to invest in China now, due to various reasons. But if we inspect the chart of the CSI300, we can see that the price is sitting at a major support here. 1. support resistance neckline 2. confluence with 618 retracement of the up move 3. potential right shoulder of a (potential) massive reverse head and shoulder 4. MACD on the daily and weekly also...
CSI 300 Fundamental By :Masih Rezvani_Ph.D Chinese stock extends gains ahead of Lunar New Year China's CSI 300 index gained 2.6% this week as foreign investors continued to buy local shares on the back of the nation’s economic reopening and pro-growth policies. The CSI 300 Index rose 0.6% Friday, capping a fourth straight week of gains. The gauge is up just over...
See chart. Banging on domestic tourism, hospitality sector picking up, Covid-19 situation improving, PMI data improves, possible US- China trade tariffs lifted soon , Central government determination to shore up the economy, urbanisation rate increasing, more people returning to work
In this update we review the recent price action in the CSI300 and identify the next high probability trading opportunity and price objectives to target.
The CSI 300 (Chinese) is a capitalization-weighted stock market index designed to replicate the performance of the top 300 stocks traded on the Shanghai Stock Exchange and the Shenzhen Stock Exchange. It has two sub-indexes: the CSI 100 Index and the CSI 200 Index. Over the years, it has been deemed the Chinese counterpart of the S&P 500 index and a better gauge...
China's CSI 300 index has moved into a consolidation pattern since making a multi-month low back in July. A Symmetrical Triangle pattern opens the door for a breakout or breakdown, with 5378.47 and 4554.71 serving as respective upside/downside targets. However, the falling 100-day SMA may pressure prices within the triangle in the coming weeks. In any case, a...
Even though China's second-largest developer Evergrande escaped default again last week by paying at the last minute, it's still a long way from a happy ending. And the point is not even that another large developer from China cannot pay off its obligations (Yango Group said on Monday that it is going to extend payments on three of its dollar bonds). The problem...
I bet on a hs failure, idk what to write, TA is more about reading IMO stop forcing me to write stuff tradingview
Trend Analysis Chart Patterns Wave Analysis csi300 china hongkong index Equity Having completed the ABC corrective wave, CSI 300 started a new impulsive wave at the start of 2019. With price testing 1st support around the 4663.90 region where we also have a 50% Fibonacci retracement and possible wave 4 completion. With the CSI 300 index holding above long term...
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- Leading macro indicators in expansion - Cyclical sector stocks breaking out to all time highs - Technicals confirm uptrend - Long cyclicals and tech?
Macro leading indicators all in expansion Technical analysis of CSI 300 confirms expansion Correction looks over Next leg up to ATH? Long cyclicals/ tech?
Yesterday started with the Bank of Japan. As we have already noted, the parameters of monetary policy (rates and quantitative easing program) were left unchanged. But at the same time, the Central Bank lowered its own forecast for the country's economic growth in the current fiscal year (ends in March 2021): GDP will decrease by 4.5% -5.7% (previously the range...
I identified a strong buy signal on the 4h and 1h chart after testing the support formed simultaneously by the Tenkan and the Kijun. Target is the resistance formed by the SSB and Kijun on the 4h chart. Buy signal is confirmed by the RSI that has made a great bounce over its neutral zone on the 4h timeframe. Please note this bounce occurs in the context of an...
Good to see that at least something is healthy in China. Full analysis in our QE Newsletter...