Chinese Stocks Poised for Takeoff
The HSI broke above the 200 MA and pulled back toward the 50 MA, which is acting as strong support—similar to what we saw in 2017.
The relationship with China's 10-year bond yield is remarkable. In 2017, when the CN10Y reached its bottom, the HSI touched the 50 MA, and a bull run followed. The same pattern seems to be unfolding now
Disclaimer: This is not financial advice. Always conduct your own research and consult a financial advisor before making investment decisions.
The relationship with China's 10-year bond yield is remarkable. In 2017, when the CN10Y reached its bottom, the HSI touched the 50 MA, and a bull run followed. The same pattern seems to be unfolding now
Disclaimer: This is not financial advice. Always conduct your own research and consult a financial advisor before making investment decisions.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.