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Chinaa50

ChinaA50 - Bias for higher levels.CHN50 - Intraday - We look to Buy at 12540 (stop at 12380) Selling pressure from 13067 resulted in all the initial daily gains being overturned. The current move lower is expected to continue. The bias is still for higher levels and we look for any dips to be limited. We, therefore, prefer to fade into the dip with a tight stop in anticipation of a move back higher. Our profit targets will be 13005 and 13140 Resistance: 13140 / 13615 / 14200 Support: 12660 / 12075 / 11120 Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Signal Centre’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Signal Centre.
VANTAGE:CHINA50Long
by VantageMarkets
2
China A50 set for a corrective bounce?The China A50 has rallied over 13% since the October low and has since retraced to the 61.8% Fibonacci level. An elongated bullish Pinbar formed yesterday which shows strong demand around the bullish engulfing candle and marking a potential swing low within a bullish retracement channel. We are now looking for a break above 12,350 to assume bullish continuation and a move back towards the 13,000 resistance zone. This could be the final move of a 3-wave correction, before it reverts to its bearish trend.
CITYINDEX:CHINAA50CFDLong
by CityIndex
China A50 index to fall below the 500-week moving average?China A50 index ( CN50 ), a measure of the Chinese onshore market that keeps track of 50 of the biggest Chinese A-share companies listed on the Shenzhen and Shanghai stock exchanges, broke a major upward trend that had been in place since 2016. The technical picture sees the A50 index currently dominated by a descending channel pattern, having fallen 42% from its peak in February 2021, with prices now approaching a remarkable 500-week moving average. Given the slowdown in the Chinese economy caused by the government's Zero covid policy, the downward trend in Chinese stocks has been ongoing for a while. However, the most recent sell-off has been triggered by a crumbling confidence among foreign investors as a result of Xi Jinping's reelection as president for a third term and a leadership reshuffle within the Politburo Standing Committee during the 20th National Congress. The A50 index may not have reached its bottom yet, if the Zero-Covid policy and growing doubts about the new policymakers' plans for the country's economic future continue to dampen Chinese growth prospects. Even though the weekly RSI is beginning to exhibit extremely oversold conditions, which is extremely unusual for this market and hasn't happened since August 2011, bears still have total control over the index. But, given the wild price swings of the past few days, some technical and short-term price bounces could still happen. The psychological 11,000 point level, which is down 7% from here, and the 10,200 point level, which was the low of January 2019 (down 14% from here), provide the next significant supports. The A50 will have dropped 50% from its peak if it reaches levels from January 2019, which might encourage some dip buying there.
CAPITALCOM:CN50
by Capitalcom
Jamie Gun2Head Trade - Selling China50 Trade Idea: Selling China50 Reasoning: Reaction from major support level . Interim support at 1713 in front of FED meeting later today. Entry Level: 13943 Take Profit Level: 13630 Stop Loss: 14078 Risk/Reward: 2.32:1 Disclaimer – Signal Centre. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
FOREXCOM:CHINA50Short
by Signal_Centre
CHINA A50 - Asia led the recent Decline, it will againThe WMP - Chinese Wealth Management Product system is quite possibly the grandest Ponzi Scheme within recorded history of the world. Investors have adopted the belief - WMPs' are identical to a Bank Deposit, backed by the Bank that sells them. China's CCP uses the WMPs as a funding mechanism for it's Agenda in Business - Funding Projects with the Peoples Money... China holds $1.81 Trillion in Foreign Reserves, it could provide a level of Fractional assistance, but it cannot. The Capital or more accurately the WMP Ponzi is well over $12 Trillion in creation at this moment. Evergrande... slammed the breaks on the effort, the loss of confidence placed a serious doubt in Chinese Investors' minds as to whether or not their WMP "Deposit" is Safe. Clearly, it is not as the CCP had to step in with guarantees, originally $20 Billion. It has ballooned to $300 Billion. As these projects were securitized and sold... Foreign Investors wanted in on the Pyramid. Everyone from Wells to BoA to Crypto "Tethers" purchased these Instruments. GSCO is only too happy to provide a market in the JUNK as is JPM and a great many other US Firms. The attendant effects of this disruptive failure to deliver on Loan Payments created a large amount of Selling within US Markets as the Losses began to accumulate. The A50 will provide us clear indications as to the next downturn for US Equities as well. ASIA and the US does not diverge for very long when it comes to Capital Markets... One to Watch - contagion risks. Many of you are probably born after the 1987 Crush. I was at my Desk @ Drexel, it began in Germany and ended up here in mere seconds, watched it LIVE. Contagions can be quite nasty and arrive at any moment. - HK
SKILLING:CHINA50
by HK_L61
2
Short-Term Sentiment Bearish, Needs to Retest $38.I will be shorting $NIO for the next 2-3 weeks starting Monday morning. Current momentum and sentiment are very bearish in the short term, so a retest to $38 seems inevitable. If $NIO cannot hold $38, we can start to see the low 30s, but hopefully not much lower than that as I do like this company for the long term. In terms of technicals, there is a head and shoulders pattern forming + daily and especially weekly RSI is oversold. However, whatever happens in the next few weeks I believe it will simply be a continuation of a healthy pullback. The stock has run up over 1650% in the past year alone, aided by China-US tensions, and rumors of delisting of many Chinese companies from NYSE. A sell-off was to be expected. The one thing that I am mainly concerned with is that NIO is getting audited by PWC's Chinese sector. Also, the majority of analysts covering $NIO is from every big bank's Chinese sector. This can be very deceptive to retail investors. So all I ask is for everyone to be extremely cautious. Long term, my gut tells me this will all pass, however, I will be extremely cautious and be on the constant lookout for any potential fraud in the company.
NYSE:NIOShort
by UnknownUnicorn9845168
3
China A50 Index holding up well above its Mid Term Trend SupportChina A50 Index - Holding up well above its Mid Term Trend Support despite U.S and European market plunge. - Technically the index remains in a long term uptrend formation. - Pending price action to breakout of its sideways resistant to go for a Super Bull Rally. - Downside to easily look at its Mid Term Trend support. Once void will need to head to its Long Term Trend Support (Red Line) - Shall the Long Term Trend Support (Red Line) is broken too = Bear market potential zone.
OANDA:CN50USDLong
by The_3_Lines_Trader_TFM