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China has wandered the wrong path
NASDAQ Golden Dragon China Index
Short
China has wandered the wrong path
By MikeMM
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May 27, 2023
1
May 27, 2023
The chart looks like crap. There is very little support between here and the red box.
The story:
To have strayed away from the hand that fed them, to turn and bite it.
The old system had an old valuation model.
The new system is unknown, but likely bad news.
America is number one. China will be a lesson to the next country which has the honors of being #2.
Chart Patterns
Fundamental Analysis
Technical Indicators
MikeMM
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