The Hourly H&S Top Worked !The H&S top mentioned last week on Twitter worked well. This projects to around 12,600.
CHINA50 trade ideas
China50 doesn't look good.China 50 looks pretty bad. Hope it's nothing serious.
The MegaMACD consists of simple modifications to the normal MACD, and has all the trend nonsense taken out.
It's singularly useful to quantify the "strength" of impulses. If it's not doing what price is doing (like here), then something is awry.
There are other reasons to short this thing outside of the MegaMACD bear div, but those aren't included.
CN50 will go bull once again. Elliot Wave outlook. Possible end of a Zig Zag. will look for entry monday.
Death Cross/Golden Cross/Death Cross and back to POControl This serves as a supplement to my analysis:
-S&P 500 Bellwether-for-US-economic-recession-The-Inverted-Yield-Curve
The Inverted Yield Curve
To my base argument I now include data that show younger treasury bond yields are yielding more interest than older ones. This is known as the inverted yield curve.
While it might not seem like much at first glance, the inverted yield curve is actually a rare occurrence that can act as the bellwether for an economic recession.
Adding these data to my core argument:
The S&P 500 rallied by about 25% since bottoming on December 24, 2018 during the Q4 2018 financial market turmoil.
From the depths of despair, the market has climbed higher because the Federal Reserve , meeting this week, has stopped raising interest rates, and there may—or may not—be progress on trade.
It’s also very possible that the market was simply oversold in the low-liquidity month of December. But since the rally, pessimists have been warning that the S&P 500 will reverse course at any moment—just as they have through this entire bull market.
S&P 500 has yet to top its September high and many from TEAM BULL may not see a reason to sell. I can’t prove that this approach is wrong. However I do feel that the odds are favouring another major decline, and soon.
I am not implying the market will play out the same dismal way that my graph illustrates historically, but to think that stocks can’t retest the lows of last year (or go lower) would be naïve.
Waiting for news in US-China trade warWe have faced progress in talks, but we need to confirm what will be the new agreement in the two biggest powers
What role will this level play for China?I'm personally thinking Long for Chinese equities, but we will have to see how this price level holds up in the near-mid term.
See callout bubbles. Always measure your risk and be okay with being wrong ; ) Wait patiently and get the price that you want. Use the market. Don't let the market use you.
China 50 hit target, and it's a 4H downtrend now. China 50 hit target, and it's a 4H downtrend now.
When other people started getting crazy, smart move is to cash out partially.
SELLSTOP IDEAA movement downward is possible. Do not forget to put stoploss above the Bearish Engulfing Bar.
Something interesting will happen with the Chinese Market BUY CHINA for an expected new trend to start next year around April 2019
China A50 Pattern PredictionThis is my China A50 Pattern Prediction.
It will take half of the year to correction.
i may need some help here - please provide your input
Qs:
- is it draw correctly ?
- is this a bearish pattern ?
Thank you !
China A50 broken trend line.Chinese FTSE could gap a lot on the open as it was bank holiday all week in China. Broken trend line and retested, short option allows a good RRR.
Education: Emerging Markets Poise to Make a Comeback in 2019?EMs had a horrible time in 2018; however, the downtrend seems to be broken. Price action found its support from the 2016-17 consolidation zone and had since been on a steady uptrend mode.
It had broken through the 50EMA with relative ease, and is now about to test the major resistance of 200EMA region as highlighted by the red rectangle.
One concern to note is that volume is decreasing with the uptrend, hopefully, there will be a big volume bar along with a spike in PA to push through the 200EMA resistance, in which it will then confirm the rotation. A long position at 10943 area will be attractive, only if PA breaks through the 200EMA resistance.
We will also be zooming into other China Heavyweights such as Tencent and ICBC before taking a position here.
Best Regards,
NourCapital - Tracking Smart Money Flow
Disclaimer:
The material (whether or not it states any opinions) is for educational purposes only, and does not take into account your personal circumstances or objectives. Nothing in this material is (or should be considered to be) financial, investment or other advice on which reliance should be placed. No opinion given in the material constitutes a recommendation by Nour Capital or the author that any particular investment, security, transaction or investment strategy is suitable for any specific person. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
China50 and spx500 about Ice lineChina50 suffered a shock of half a year and quickly recovered
I thought it was just a simple back step and continued to fall.
But repeated observations found the "small secrets"
Small secret = the ice line at the bottom is an illusion, the ice line at the top is a trap (you can refer to the S&P 500)
But I want to tell everyone that the k-line is the result.
When you see the main idea from behind the results, you have already completed half of the work.
Also when you already understand the main idea
There is no need to continue to find the main idea through other k-line
The point of view is left to the good people to go to the fine goods
China A50 - hit demand China is injecting billions of stimulus into their economy to try and keep the bubble inflated. Don’t be surprised if you see the Chinese market goes bunkers. More ghost cities and islands but this time world wide.
