000001 Will this chart drop to 2400 points?000001 head and shoulders broke, Will this chart become very amazing? Will this chart drop to 2400 points?by CarlgoToDie1
There's nothing new in TradingWe may ask ourselves three questions: 1. Is Volume still relevant today? 2. Is it relevant to the market I trade? 3. Can it be applied to all trading and investing strategies? Let me try to answer the first if I can with an extract from Stocks and Commodities magazine. The following quote was by David Penn, a staff writer at the time for the magazine, who wrote the following about Wykcoff in an article in 2002:" Many of Wyckoff's basic tenets have become de facto standards of technical analysis: The concepts of accumulation/distribution and the supremacy of price and volume in determining stock price movement are examples. " The second question, I can only answer from a personal perspective........Educationby CarlgoToDie0
how to understand follow big trend and against small trendin this image big trend is weekly chart and small trend is daily chart. I mean if market is under short range in weekly chart, we should find some short chances in daily chart. by CarlgoToDie0
Shanghai Comp. (SSE) -> Please Pay AttentionMy name is Philip, I am a German swing-trader with 4+ years of trading experience and I only trade stocks , crypto , options and indices 🖥️ I only focus on the higher timeframes because this allows me to massively capitalize on the major market swings and cycles without getting caught up in the short term noise. This is how you build real long term wealth! In today's anaylsis I want to take a look at the bigger picture on Shanghai Composite. The Shanghai Composite index is the leading index of China and has been trading in a long term symmetrical triangle for more than 15 years. Considering the fact that SSE entered bullish into this triangle, I do expect a bullish breakout which could happen in the next 6-18 months and then I do expect a major move to the upside. - - - - - - - - - - - - - - - - - - - - I know that this is a quite simple trading approach but over the past 4 years I've realized that simplicity and consistency are much more important than any trading strategy. Keep the long term vision🫡Longby basictradingtv12129
Composite index of Chinese stock market in monthly time frameThe breaking of the upward and downward trends line on each side determines the direction of movementby NavidBasatzadeh1
Shanghai Stock Market (SSE Composite Index): A Closer LookThe Shanghai Stock Market is like a financial puzzle, and right now, it's showing us some interesting moves. First, the rise in the 10-year yield from 3-year lows suggests that there might be changing expectations about economic growth, inflation, or monetary policy. This could be due to a variety of factors such as improved economic prospects, inflation concerns, or changes in the global interest rate environment. The central bank also did something important by closing a 5-billion yuan money deal. It's like they're keeping a watchful eye on how money is moving around. On top of that, they pumped a massive 385 billion yuan into the system, which can make things more exciting. Now, let's talk about Ichimoku Cloud analysis. It's like a weather forecast for the stock market. Right now, it's showing that the market might be heading up, which is a positive sign. However, the cloud isn't very thick. This means we should be a bit cautious. There's another important sign on this chart. Tenkan points up, suggesting the market might go up soon, even though it's under Kijun resistance line. It's a bit like seeing a green light at an intersection, even if the other light is still red. So, as we decode these numbers and signals, it's clear that the Shanghai Stock Market is in a state of flux, with various factors at play. Investors will need to stay vigilant, considering both the data and the bigger economic picture to make informed decisions in the coming year. by TheAltcoinBuff2
SHCOMP ~ Snapshot TA / Bearish H&S Development (TBC) / WeeklyChina's Economy is dangerously on the ropes...things have gotten so bad, CCP had to make an announcement on a Sunday night (AEST/UC+10) that they're going to intervene in their domestic market with a raft of "measures" in hopes of boosting market confidence: - Halve stamp duty on stock trading - Tighten pace of IPO listings - Cut margin financing requirements - Restrict listed companies' refinancing - Restrict share reductions by major shareholders My gut instinct tells me this will be a financial disaster...luckily we've got charts to tell us what's really going on. Taking a (Snapshot TA) look, SSE:000001 appears to be developing a Bearish H&S. Extrapolating Head-to-Neckline indicates price could be heading towards a pretty interesting Confluence Zone : - Gap fill (weekly) - Retrace to previous 2014 break-out (aka Return to Scene of Crime) - Key demand/support zone - Multi-decade trend line Note: While chart patterns (ie H&S) are great at spotting trends, etc. it's important to focus on associated demand/supply zones & how price interacts with key levels to determine when & where to scale in/out of positions. All (technical) signs point to SHCOMP in process of capitulating...problem with Govt interventions is it becomes a momentum play in either direction & technicals take a back seat. We'll just have to take note of critical levels, set alerts & wait for the dust to settle.. Boost/Follow appreciated, cheers :) CFD/INDEX: PEPPERSTONE:CN50 PEPPERSTONE:HK50 US: NASDAQ:AIA AMEX:FXI AMEX:EEM AMEX:CQQQ AMEX:KWEB ASX: ASX:IAA ASX:IZZ ASX:IEM ASX:CNEW ASX:ASIA by BlueHatInvestor1
China Yuan Demise, China Demise, Ray Dalio CNY Reserve Currency? I remember a few months ago there was talk about the Chinese Yuan being the new reserve dollar? Ray Dalio? The China economy looks so far gone its not even a joke anymore Government forcing people to not sell assets including banks / institutions China stimulus debasing the currency parabolically China stock index failing to grow at all China no longer reporting jobless claims / unemployment figures (Source at the bottom) China DEBT to GDP ratio is also going parabolic chances are it will pass even the USA. Conclusion China and the Yuan is on its way out and the China age is looking more over than ever. What's the next reserve currency? Not the Yuan that's for damn sure. What's left? Russia with BRICS & Bitcoin is still there just hanging around. www.reuters.comby FederalXBT0
SSE Composite Index WCA - Classic Rectangle Introduction: Hello and thank you for taking the time to read my post. Today, we analyze the SSE Composite Index on the weekly scale, focusing on a classic price pattern called the "Rectangle Pattern." The SSE Composite Index is the most important stock index in China, excluding Hong Kong. It is a price index weighted by market capitalization and includes all public companies listed on the Shanghai Stock Exchange. The index is published by the China Securities Index Company. Analyzing an index helps enormously with top-down approaches, as it provides a broader perspective of the market and allows investors to gauge the overall sentiment before diving into individual stocks. Rectangle Pattern: The rectangle pattern is a chart pattern formed when the price of an asset moves between two parallel horizontal lines—representing support and resistance levels—over a period of time. In essence, it reflects a consolidation phase where the market is undecided about the direction of the trend. Remember, this is just a brief introduction to the technical aspects of the rectangle pattern. As you delve deeper into this topic, you'll discover more nuances and practical applications that can enhance your trading strategies. Additional Analysis: On the SSE Composite Index chart, we can observe some fascinating insights. The general trend was downward until 25/04/2022, which changed with the formation of a hammer. Since then, the price has been bound within a range, which is depicted as a classic rectangle pattern. This pattern has been forming for 423 days, which is notable because the longer a pattern remains consistent, the higher the probability that the subsequent breakout will be volatile. The support of the range is at 2890, while the resistance is at 3400. Currently, the price is above the 200 EMA, making a long entry more attractive. We will closely monitor the price pattern and wait for a break above 3400 while examining the sectors or stocks from the SSE Composite Index more closely. The next potential resistance after 3400 would be 3720. Top-Down Approach Significance: A top-down approach is a method that investors use to analyze the market, beginning with a broad overview and then narrowing down to individual stocks. This method helps investors identify the overall market sentiment and trends, allowing them to make more informed decisions when selecting stocks within specific sectors or industries. Analyzing the SSE Composite Index, as shown in this post, provides a valuable starting point for investors looking to employ a top-down approach in their decision-making process. Conclusion: The SSE Composite Index weekly chart showcases a classic Rectangle Pattern, reflecting a consolidation phase in the market. By closely monitoring the support and resistance levels, as well as the general trend, traders can be better prepared for any potential price action in the future. Utilizing a top-down approach enables investors to gain a broader perspective and make more informed decisions when selecting stocks. As always, it's essential to consider risk management and proper position sizing when trading based on chart patterns. Please note that this analysis is not financial advice. Always do your own due diligence when investing or trading. If you found this analysis helpful, please like, share, and follow for more updates. Happy trading! Best regards, Karim Subhiehby KarimSubhieh2211
Shangai Stock Index Wyckoff AccumulationJust an idea of a book trade for wyckoff accumulation schematics #1. If global economy goes down in 2023, we will see the final spring for basically all stock markets, including the chinese one. Shortby CryptoPummel5
20221219 Apparently, we are still in a bear market. SSE surged 20% in July and 12% in December respectively, and encountered strong resistance at 0.618 Fib area. If SSE make a fake break out at 2863 and stand above the previous low, it will highly likely to start the real bull market. Considering the covid 19 policy in China, the national outbreak is happening right now. Estimately, it will finish by the end of second quarter 2023 as most people already got covid at least once, herd immunity. After that, the tourism, customer consumables and other industries that hardly surviving in the past 3 years will bounce back. The key area need to focus include beverage manufacturing and tourism. by NINJA10U2
20220512SSE is breaking out the downward trendline since last year Dec. Currently, the trendline is overlaping with the Fib resistance. If SSE sucessfully break this resistance, will aim to reach the previous high of July 2022.by NINJA10U1
CHINA MOMENT OF DECISIONMajor 30 year bull trend line seems to be respected. Though... many lines crosses here as well. It is a very narrow band with to, each now either up BIG, or down BIG. All other chines indices indicate somehow the same for BIG up or BIG down. Im at the short side... Will see what happens here. Shortby Rnass0
Covid Ease Chinese Bull Run!Potential factors to consider: 1. COVID Ease; 2. US inflation is getting under control. 0.3 % behind the forecast as reported yesterday. 3. Chinese New Year 4. Taiwan is just a noise Just my thoughts, not an advice at all. Regards, AskyLongby Askhat_Kulchiyev225
SSEC update.SSEC update. today the market finished it's time square, and entered to a new time square, let us what will happen on 21th DEC.by Teekid222
shangai index consolidation zonesShanghai base line + upper & lower devs. SSE may need to search for a bid below black lineby LotusTrading203
SSE (Shanghai stocks index ) probably “bottomed”. 28/Oct/22SSE ( Shanghai Stocks Exchange ) index probably now as “leading indicators” for world’s economic not US anymore..As its index “crashed / bottomed” much “earlier than US markets like its individuals stocks e.g BABA, Tencent, Xiaomi, NIO etc.. Longby SteveTan2
If Winter comes, can Spirng be far behind?If Winter comes, can Spirng be far BEHIND? SSE has endured a long time of disappointment. However, with the chart pattern - triangle, there is a large possibility that SSE will begin a bull market in the middle or end of 2023. The target is really high and personally I recommend to show hand on this.Longby Lus_T44
Shanghai Composite Index Macro TriangleOstensibly SSE in a macro triangle formation. In this scenario we typically find peaks at 786 relationship of one another, At times we find the last leg falls shy of the 786. ** Please not the idea conveys only a potential pattern and how it may complete, and is not intended as a projection of future price action which relies on many factors that patterns and charts cannot and often do not capture.by Linneaus0
After 50 calendar days The SSEC will reach it's squarePrice down to the third floor,time in the last quarter.Let's go~~~by Teekid220
spx relation chartI have been on point with my Elliott Wave . this is my best count. I count and measure every single move. What do you guys think about this?? share your opinioby panjabicrypto1
000001The price return At Extreme UpTrendline And break resistance zone As you can see. I highly recommend buying this stock now and holding it. I expect the price to continue to rise until 3620.2176. If you like trade At stocks don´t forget Like and Followe For more Idea. Good luck everyone. any questions contact me.Longby Hamzaelghandori2223