China 50 (CNX) / US Dollar forum
CHINA50 Bears may run out of steam here, and if the daily short impulse base is cleared, we go into minor long trend, expansion comes above the last clear daily breakdown (14,882)
CHINA50 The Chinese Ministry of Finance just announced a new fiscal stimulus package. The total amount is 12 trillion RMB (approximately $1.69 trillion USD), close to 10% of last year's GDP. Of this amount, 2 trillion RMB ($281.7 billion USD) will be used for shantytown redevelopment and renovation projects, and 10 trillion RMB ($1.41 trillion USD) will help local governments repay their debts. This is an unprecedented stimulus package. Taking into account the nearly 2 trillion RMB ($281.7 billion USD) stock market support policy announced in September, China has actually introduced fiscal stimulus measures totaling 14 trillion RMB ($1.97 trillion USD) this year.
CHINA50 time to recover and aim to 20k this month
CHINA50 Potential reversal,is worth to enter on demand zone
CN50 time to buyCHINA50 China made Christmas tree in the chart for early ChristmasCHINA50 A50 is still made mistake after the stock market close. tomorrow a huge of new buyers will come to the market . however the stupid seller pushed the price down. when the market opened tomorrow, the price will come to 14900-15300CHINA50 The A50 stocks have a 10% limit on daily price increases. However, the A50 index has already risen significantly beyond 10% over the past seven days. Tomorrow, after the market opens, it is expected to quickly drop to around 15,000 to adjust to the stock prices.
CN50USD who's with me?
CHINA50 as of my view is 12700 hit soonly...within 10 to 30days... pls coment me .. it will hit to the point and share your views.