China A50 Stock Market Index (15/8/17) *Watch 11,700 levelThe stock indexes are enjoying the breather from NK-USA drama.
In my opion, the drama may not over yet. It is more of take 1 step back before 2 steps adavnce.
This index will be met with BIG resistant of 11700 level.
As long as the level is not broken up strongly. I am seeing beaishness on them.
It is still a SELL to me.
Trade Safe,
s0nic
Disclaimer :
This analysis not include personal feeling/opinion, and pure base on technical analysis
Trading foreign currencies can be a challenging and potentially profitable opportunity for investors. However, before deciding to participate in the Forex market, you should carefully consider your investment objectives, level of experience, and risk appetite. Most importantly, do not invest money you cannot afford to lose.
please inform me with post a comment if it reach some critical point/break pattern, reach target/reach stop level.
or if there is any question about this analysis/need new update.
Because im not monitoring this chart all time.
CN50 trade ideas
Dr. Hagopian visits ChinaIt appears to me that the Hagopian rule is about to play out and we are getting a chance to enter this trade with a very small stop.
The Hagopian rule
This rule is invoked once a confirmed pitchfork breaks without the price ever reaching the median line, what should follow is a bigger movement in the opposite direction.