CN50USD
China A50 - hit demand China is injecting billions of stimulus into their economy to try and keep the bubble inflated. Don’t be surprised if you see the Chinese market goes bunkers. More ghost cities and islands but this time world wide.
CHINA A50 BUY (CN50 - US DOLLAR)Hi there. Price is forming a continuation pattern to the upside. Wait for the price to hit the bottom of the pattern and watch strong price action for buy.
CN50USD LONGwww.tradingview.com
- fractals
- MAs
- Trump's chance to do something right
I am buying in with a short STOP below MIN and +50% target.
JD.com trading at a blatant valuation discount- LONGOne of the trends taking place in my portfolio is an increased weighting in China's technology sector.
Amid the trade-driven pessimism over China, clamp down on digital assets and increased control over online content China's economy is trading at a blatant valuation discount to the U.S.
Within the last few months the BAT stocks Baidu BIDU, Alibaba BABA and Tencent TCEHY have been among the biggest losers.
The recent arrest of JD CEO Richard Liu has caused JD stocks to tumble further relative to its e-commerce peers and is now almost 50% off its 52-week high. I view this as a risk-reward profile that is heavily tilted in favor of the bull.
All indicators explained on the graph.
CORRELATION STUDY BETWEEN CHINA 50 INDEX AND BTC/USDwe can see how the two markets are related simply by placing them on a single chart.
then we can try to determine what would be the most likely cause(s) for the evident correlation.
there is the common factor of the US dollar index both in terms of CHINA 50 given in terms of USD as well as in the base currency of BTC, the US Dollar.
F. Normandeau
