China SSEC Index: 21 November 2019, Thursday

China SSEC Index: 

21 November 2019, Thursday

(Click on Technical Chart above to Expand)

Attached is the Updated Technicals for the China SSEC Index.
Market herd is at rapacious level. So if I am smart money, I will eat up the rapacious herd short term in one unexpected swoop, especially those who had been buying China markets thinking that trade war is over with the US-China phase 1 trade deal. This means a repeated pattern as boxed up may be in the brewing, and certain safety precautions such as reducing weight on portfolio, shorting weak stocks like Expedia, tourism stocks and downtrend stocks, and loading up of gold may be necessary as a form of hedge on one's portfolio of investments.

DISCLAIMER

This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence. 

China A50 Index reflecting the Chinese Stock Markets: 22 July 2019, Monday

China A50 Index reflecting the Chinese Stock Markets:

22 July 2019, Monday
(Click on the Technical Chart Above to Expand)

Attached is the updated Daily Technicals of China A50 Index. China markets are one of the weakest in the world, and even it is showing strength when most analysts and majority of the markets are bearish in outlook. The yellow lines depict region of bull flag which had achieved short term breakout. The mid term is a consolidation, while the long term remains uptrend. Although many people are talking about technical recession for most markets worldwide, we are not in any bear market nor true recession. Markets will even super rally and dump market majority behind. The trailing line in ichimoku is even persistently above clouds and currently we are seeing green clouds for the lookahead. The green circled region is where clouds deliberately support even weakest markets.

Outlook for worldwide markets: Bullish 
(When even weakest is supported with buying pressure, everyone is on rising tide that lifts all boats high).

DISCLAIMER

This analysis site, as well as the analyses in it, is created for the sole purpose of education, discussion, fundamental analysis knowledge sharing, technical analysis knowledge sharing, funds flow analysis knowledge sharing, general skills-knowledge sharing and opinions sharing. The contents of this blog are not to be taken as investment advice or inducement to trade, and I take no responsibility for any gains or losses as a result of reading my analyses, judgements and opinions. In essence, practise due diligence. 

China A50 Index: 13 November 2018, Tuesday, 10.30am Singapore Time

China A50 Index: 

13 November 2018, Tuesday, 10.30am Singapore Time

(Click on Technical Chart above to Expand)

After taking profits of all my China Shorts,
I am adding again some buy position on China -- China A50 Index Longs.
I am chalking up longs/buys when most people are calling for global bear market, recession and market crisis.

Donovan Norfolk Ang

Updated China Technicals reflecting Equity Markets of China and Hong Kong: 25 October 2018, Thursday, 12.01am Singapore Time

Updated China Technicals reflecting Equity Markets of China and Hong Kong: 

25 October 2018, Thursday, 12.01am Singapore Time

(Click on Technical Chart above to Expand)

Attached above is the Technicals for iShares China Large Cap ETF (NYSE: FXI) representing the basket of China's greatest blue chip stocks making up the ETF basket. China large caps are now at the 50% retracement zone. The 50%-retracement zone in dark green is now meeting the light-orange channel whose width and angle has been formed by the red-coloured same-angled resistance slopes as illustrated on chart. The end of correction within healthy bull market for China is more or less here -- downside limited, upside lucrative, hence forming an excellent reward-risk ratio (buying zone) for Chinese and Hong Kong stock markets. Asia-Pacific and Emerging Markets' corrections are at bottom now. After taking profits of all China shorts off the table, I am beginning to collect China buys now.  Notice how I transit from shorts to longs slowly and in stages -- like how water flows.

Donovan Norfolk Ang