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Shenzhencomponent

The SZSE Component Index 6/5/22The SZSE Component Index is an index of 500 stocks that are traded at the Shenzhen Stock Exchange (SZSE). It is the main stock market index of SZSE. Price reached Fib ( 0.618 ) Price reached Weekly FVG Good opportunity of long position. +41.5% if price reached first red line Good Luck Trader💯💯 . . . . . . 🧅Disclaimer :There are risks associated with investing in securities. Investing in stocks, bonds, exchange traded funds, mutual funds, and money market funds involve risk of loss. Loss of principal is possible. Some high risk investments may use leverage, which will accentuate gains & losses. Foreign investing involves special risks, including a greater volatility and political, economic and currency risks and differences in accounting methods. This is Not Financial Advice 🧅JUST AN OPINION OF THE ONION.🧅
SZSE:399001
by MLGONION
Overall Long on ShenzhenShort-term short, but overall I'm still positive on this index. That said, this can turn ugly very, very, very quickly as the Shenzhen is the most speculative index in Asia for sure, maybe even the world. Definitely the highest volatility. So, if we do see a short-term pullback, this could quickly be followed by 5 percent gains on the day that the US and China sign a trade war deal which is expected to happen sometime in April. Overall though, I'm net positive. And when that trade war deal comes, that's the day I'll sell because I'm not sure what is driving this Chinese market upwards with follow through given the fact that the Chinese economy is still slowing down which should really put into question why we are seeing such huge gains in their three main indexes.
SZSE:399001Long
by WhiskeyTangoFoxtrot3
2