Chinese equities: the potential for catching up is attractiveIntroduction: While the US equity market has rallied vertically since the beginning of April on the back of trade diplomacy, the S&P 500 is now not far from its all-time high and is once again expensive in terms of market valuation. From a diversification point of view, the Chinese equity market ma
More Drops for Shenzhen Component 399001Multiple trendline breaks, confirming further downward action. Fibonacci goals not quite met, but there is still time. Divergences not present yet.
We are not in the business of getting every prediction right, no one ever does and that is not the aim of the game. The Fibonacci targets are highlight
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💯💯
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Shenzhen Component Index Holding Up WellShenzhen Component Index
- Remains solid holding up above its Mid term Trend Support.
- A breakout from its sideways resistant will bring the index to go for Super Bull Run.
- Downside risk remain easily at its Mid Term Trend Support. A violation will serve as 1st warning.
- Long Term Trend Suppo
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Displays a symbol's price movements over previous years to identify recurring trends.
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Frequently Asked Questions
SHENZHEN COMPONENT is just a number that lets you track performance of the instruments comprising the index, so you can't invest in it directly. But you can buy SHENZHEN COMPONENT futures or funds or invest in its components.