![]() ![]() To that list you can add a rapidly aging population, a world increasingly resistant to buying from their goods, a rethinking of global supply lines and significant raw material and climate challenges. ![]() In the near term, the Zero Covid policy is still in effect and the property and construction sectors are in crisis. Importantly, they seem to be increasingly resistant to stimulus. China is a command economy run by a communist regime that is in the process of retreating from capitalism. While I came away from my analysis with a bearish view, this is also precisely the kind of setup around which I build mostly agnostic trading plans.įundamentally, there isn't much currently going on in China that leads me to optimism. The outcome of the test is likely to set the stage directionally for the remainder of the year. It is currently testing long term support. ![]() Most of that process is covered in the "Potential TLT inflection and Notes on Process" post linked below.įXI, is the China Large Cap ETF that holds the top 50 large cap stocks trading on the Hong Kong exchange. When I come across promising setups, I drill down to see if there are chart elements, price volume relationships, or other factors that might either preclude a trade or tip the odds heavily in favor of a particular outcome. 36 2 7 1 FXI: China Large Cap ETF Critical Juncture Even in retirement I scour hundreds of weekly and monthly charts. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |