Earlier today, I saw a chart of the BTCUSD/SPX chart on twitter. The structure of that chart is more accurate than the original BTCUSD chart.
And then I tested it by the same methodology but this time on SHCOMP (SSE Composite Index which is the Chinese stock market index).
The final formula is BITSTAMP:BTCUSD*FOREXCOM:USDCNH/
Here is where the magic...
This is purely a speculation based on chart similarities between the current and previous market cycles.
We will have to see how the market catalysts settle (Trade War, One Belt One Road, Made In China 2025, etc) and how they move the ticks.
The most recent SSEC rally started in a sideways and choppy manner. Eventually, it resolved to the upside impulsively. Most recent strengths was probably a minute wave ii(circle) correction to the paramount downside trend. The index rushed up to retest the pale green channel. A drop back into that channel is a failure. We expect that to happen within the next...
In A look many sound, A shares finally opened the rising mode, half day Shanghai and shenzhen stock through into nearly 6 billion, 350 billion transactions, Shanghai index 2 points of the sun line, close to the 60 average, also cut the gap, if can successfully close the above jump vacancy mouth, that long has been ready. It was just Xi & trump" a call”, but the...
If you missed the chance to invest in China's physical economy.
Do you want to miss the opportunity to invest in China's financial industry again?
Investing in China will be your most regretless decision in your life.
Please don't underestimate China!
China will be the future center of the world...
Bearish Divergence working out really well. It will start crashing in the next few weeks (US Markets will follow as well) Buy a lots of cheap Chinese Stocks after it crashes. They will outperform every other country in the next 20 Years.