YINN trade ideas
Simple Price analysis: Bulls Targets @ 42, Bears @ 8.19This is just analysis relative my previous chart analysis
Good luck everyone ;)
**LEGENDS**
BLUE = Bear/Resistance
Yellow = Bull/ Support
~Explore the chart for possible scenarios of price actions - use zoom and scroll for better view.~
/*This information is not a recommendation to buy or sell. It is to be used for educational purposes only.*/
If you want your coin to be analyzed, JUST ask.
If you got a question, ASK away!
And please keep those Stop losses in place!
Fractal dates are moments of interest, where price and time collide to create oscillation - vertical lines!
Thank you,
Ajion
I Am Extremely Bullish on China Part 2News that the President's of China and the United States
at the US invitation,will meet at next weeks G-20 meeting
for a leaders discussion on trade war issues, sent Chinese stocks
up sharply, as the market seemed to take seriously,
the prospect for some kind of economic truce between the two nations.
Direxion's Triple Bull China ETF , YINN
the vehicle that I use to go long Chinese stocks,
rose almost 9 % on 6/19.
Chart shown here, shows the powerful gap up
out of a descending base, on huge volume.
I am long here,using any pullback,towards 19.50,
to accumulate additional position in YINN
Conclusion;
A bottom of important technical significance,
appears to have been made in the Chinese stock market.
THE_UNWIND
6/19/19
NEW YORK
I Am Extremely Bullish on China The current consensus opinion is that the United States has the clear financial advantage
in the trade war with China,and that it is only a matter of time,
before China is forced because of economic pressures to save face
,and make notable concessions to break the current deadlock,between the two superpowers,
thus in turn handing the United States, and the administration, the most important tariff victory possible.
Contrary opinion begs for a different result.
I am extremely bullish on China,
and think their steel resolve and determination will ultimately prevail
in the new "economic war' being fought between the two nations.
China's stock market thus, could be on the cusp of a thin air breakout,
to the upside, that once it begins, will only accelerate in magnitude.
In order to capitalize on this potential major upside breakout,
that I see coming in the Chinese market
I am using Direxion's YINN , the 3 X Bullish China ETF.
You can also look equally at I Shares FXI
China's Large Cap Stock ETF, with extraordinary institutional liquidity.
Sometimes in life, the contrary play
becomes so completely obvious...that it's almost painful to reveal it.
THE_UNWIND
6/11/19
NEW YORK
YINN Island GapYINN has had a strong downturn due to the China-US trade war. After today there was a gap up in YINN, which followed a gap down the day before. This has now created an island gap. This signals a reversal in sentiment and in this case a bullish reversal. Especially after a massive over extension to the downside in the price action.
China Big Cap $YINN bouncing between $22-26This has been a good position for me. Hoping to re-acquire shares each bounce.
YINN: Every chart I look (YANG incl)..deal is happeningSo this is Trump's style to negotiate and all the recent sell off actually is good for the market imho. Watching Chinese names + Soybeans and I am 99% certain that deal is near. I like YINN to pop and YANG to drop.
Plenty ways to play China names. I will add some YINN calls.
YINN: After 2 days of Trump inspired selloff, Wave (2) is almostdone with close to 61.8% retracement. Maybe one more day tomorrow.
The Dragon is Awaken. There is a Yin and Yang = Balance = Equilibrium
Weekly View $YINN The Dragon is Awaken.
Reversal coming soonKeep on your watchlist. The RSI is setting up as a reversal . Price should be crossing the ema 20 & 50 soon and set up for a good play.
$YINN 3X CHINA AT MONTHLY/WEEKLY/DAILY CANDLE HIGHLOOKS LIKE A LONG AFTER BREAK/RETEST
OBVS RISKY ONE THIS ISN'T ADVICE DON'T BE AN IDIOT
YINN: Wave 4 should be over. The Chinese market had dropped 30% from its peak. The US SM is close to the end of its wave 2 correction. There should be a rally before mid term.
YINN - Wave 1 after correction.YINN represents leading China stocks (SVXY to S&P) moving uptrend on huge green volume.
long YINNNotice fib retrace around 61% and also equal legs short on the purple arrows
I think its a good re entry point for long here with targets to 35 , 37 in the next wave
YINN Price TargetsI would take a major event to derail the Chinese Stock Market. Trade relations worldwide will likely improve over the next several weeks especially with North Korea coming to the negotiation table. There is major support in the $30 area.
