YINN
HSI, gapped up on the first day of trading after CNYGreat gap up. if you have not entered, do consider to enter on pullback
YINN, what did I tell you about the China bull?It’s here, the China bull have officially started. I first started posting about the China bull since last year. We were patient enough to wait for the uptrend
ALIBABA Bullish 5-0 harmonic pattern analysis Aim for reversal at green boxes.
Time segmented volume Indicator was used.
China Big Cap $YINN bouncing between $22-26This has been a good position for me. Hoping to re-acquire shares each bounce.
BABA reversing to resistance of downtrendNYSE:BABA did complete an inverse head and shoulders pattern today. it's now reversing to the resistance of the downtrend. A breakout of the resistance is a oppertunity to go long! Also note that today positive news about the China-USA tariffs came out!
SHINA FXI YINN YANGTaking a look at FXI this time.
The index has been consolidating for quite some time.
There are a few folks calling the FXI has broken out of a falling wedge. I say look again and apply the trend line of the lows to the high and you can clearly see it is still stuck inside a downtrend channel.
The x3 leverage index YINN and YANG are also helpful to glance at how bullish/bearish cycle compares (represented in Green and Red line respectively, with appropriate resistance/supports), directly above the FXI.
YANG (x3 bear) has been building higher lows while conversely, YINN (x3 bull) has been building lower highs.
Until the bulls manage to break out above the trend channel and close above it, I will still remain cautiously bearish.
China bulls in chargeI think this ETF is one of the best ways to play Chinese equities. For me this is one of the better looking setups out there.
BIG ASS inverse head and shoulders with volume on breakout is what I like.
$YANG short the dragonchina bear is in the buy zone for a reversal a close above 27.77 should confirm trend
