Long
Shanghai Composite - China getting interesting
I have included both a red and a blue count because I have no idea if this is an impulsive move to the upside or still part of a greater corrective. What I have found interesting of the recent period is that China stocks are sort of dancing to the beat of their own drum. The MSCI index priced in GBP is just breaking out of a 2 and a half year consolidation/correction dating back to January 2018. If it can confirm it's breakout and indexes such as this one keep going........
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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.