CHINA50 Boosted by the new stimulus signal
DJ News Wire:
The country's top decision-making body signaled it would step up economic stimulus, including possible measures to aid the property sector. The memo released Monday by China's Politburo "essentially acknowledged the current property woes and opened the door further for a policy shift from stabilizing to at least modestly stimulating,"
Hopes for the new stimulus package boosted Chinese Shares.
Technically:
Cycle Sniper Daily Bullish Deviation and Crossing over 0
Cycle Reversal Filter headed North from the bottom.
Trade Idea:
Buy closing above 13.000 resistance.
Targets: 13.500 - 13.800 - 14.200
Good Luck
The country's top decision-making body signaled it would step up economic stimulus, including possible measures to aid the property sector. The memo released Monday by China's Politburo "essentially acknowledged the current property woes and opened the door further for a policy shift from stabilizing to at least modestly stimulating,"
Hopes for the new stimulus package boosted Chinese Shares.
Technically:
Cycle Sniper Daily Bullish Deviation and Crossing over 0
Cycle Reversal Filter headed North from the bottom.
Trade Idea:
Buy closing above 13.000 resistance.
Targets: 13.500 - 13.800 - 14.200
Good Luck
For alerts,special reports,news and singals over 15.000 + instruments our free discord channel
discord.gg/4DrmXHfvnG
About AI Discord Channel: bit.ly/470HjmP
Ücretsiz Discord Kanalımız
discord.gg/4DrmXHfvnG
discord.gg/4DrmXHfvnG
About AI Discord Channel: bit.ly/470HjmP
Ücretsiz Discord Kanalımız
discord.gg/4DrmXHfvnG
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.