000001 trade ideas
Shanghai Stock Exchange (SSE) On Decision Level
SSE has reached a key pivot point.
a conjunction of a major falling trendline and horizontal structure constitute a decision level for the market.
taking into consideration current fundamental sentiment, the market will most likely go south!
our confirmation will be a bearish breakout of a rising trendline!
incase of a bearish breakout the market will reach 2750 & 2500 levels!
good luck!
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bounce back to 2945 and 2893, then DIVEa bit bearish, but I believe we haven't really understood the impact of the coronavirus yet
SSE COMPOSITE: Drop After Gap Close
hey traders,
on Shanghai Stock Exchange the market has recently dropped with a gap.
now it recovers and most-likely the gap will be closed.
what is important here is the fact that the last candle close before the gap gives a strong resistance for the market.
so even in case of a 100% recovery, the market can drop just after the gap will be filled.
good luck!
Shanghai Stock Exchange Composite Index (SSE) Bullish Forecast
SSE composite has unhesitatingly broken above key structure resistance and I believe that now we can expect further bullish continuation.
Target levels based on the structure.
Key levels:
3150
3200
3250
Shanghai composite uptrend startedLooking at the chart, a trade deal is possible as the trend is clearly up.
A shares are in pre-dawnLast year, I analyzed the prospect of A bull market in China's a-shares. The current view remains the same. In the next 10 years, China's stock market will be the hottest asset in the world.
Logic is as follows
1. The globalization of a-shares is accelerating, and the new foreign capital access system leads to more capital flowing into a-shares. Msci, s&p, Russell and other indexes bring hundreds of billions of dollars, which is A real fresh force for a-shares with A market value of hundreds of billions.
2. A-share has experienced A 5-year bear market, and its current valuation is close to the low point of 2014. It is absolutely attractive in the market with matching safety and maturity across the world.
3. With China's economic transformation, traditional industries are under pressure from economic downturn, and innovative industries are favored by more policies, among which financial innovation is the beneficiary.
4. During periods of stagflation, it is easier for the market to favor light assets and for real estate to be abandoned.
5. From the technical point of view, we can see a shape in line with the bottom of the head and shoulders. The right shoulder is constructed near 2733 point and will be formed after breaking through 3100 point.
To sum up, in the next 10 years, the global stock market will look at China, and the Chinese stock market will become the battlefield for institutional investors to compete with each other. The market leader in the segmentation industry with good growth will be pursued by capital. Apple will be born in China, and moutai will not be the only one with a thousand-yuan share.
But personally I have a special liking for 5 g is, for the past two years I have been bullish about 5 g plate, because he is the foundation of the Internet of things fall to the ground, only 5 g, the Internet of things application can achieve all of the scene, so it is an obvious growth, from upstream to downstream in another 3 to 5 years, gradually expand, huawei Google + in copying apple's model, so the ecosystem surrounding the huawei once begun construction, for the relevant enterprises, would be a huge opportunity.
Strategy:
Choose subdivide bibcock, long-term hold, must have tremendous gain. In the next decade, the most promising investment in China must be in stocks, and the best opportunity in stocks is the 5G Internet of things
SSE CompositeBasic method: Harmonic pattern
We will see upward move until 3840 ( if we will see butterfly pattern ) and 4200 ( if we will see crab pattern ) and after this move we have a downward move to 3600 or 3400
this idea is not true if it will come under (d) point ( app. @ 2675 )
critical dates: 12/11/19 , 5/8/20
China will win?China's SSE Composite looking scarily bullish on the weekly. A bullish symmetrical triangle on a strong overall trend. Hmmmmm could be fireworks. Maybe Trump really knows that America and the West are economically stretched and in threat. Check out DJI for the other side of the story.
ShangHai index---weekly chartThere is a potentially harmonic pattern on the ShangHai index weekly chart
$SSE Shanghai Composite 000001SSE:000001 Fibonacci y nada más a este índice, bien simple, rápido. Abre sobre el 0,236, sube +1,78% por ahora, tremendo luego del acuerdo con USA. Resistencia histórica por ahora lo limita en 3030, veremos si la supera para continuar al alza
A Weekly Look at China's Roaring 20sThe Shanghai Composite has bounced from the lower portion of a historical range on the monthly chart. This lower portion was around 2400. The upper portion of this dynamic range is roughly 4400 to 4600. This is also where horizontal resistance and support is.
Monthly Chart:
Weekly Chart:
On the weekly chart we can see that the next resistance for this index is 3600 and 4100. The upper portion of the monthly dynamic range that is 4400 to 4600 is also double the extension of the weekly wave bounce from 2400 to 3280:
The case is clear that bear support for China's Roaring 20s in the chart and its actualization, economically by 2020.
Torcher Don't Miss investing in ChinaHi !
If you missed the chance to invest in China's physical economy.
Do you want to miss the opportunity to invest in China's financial industry again?
Investing in China will be your most regretless decision in your life.
Please don't underestimate China!
China will be the future center of the world...
Attention!
Good luck
