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000002 trade ideas

China/Asia crashes through support - look out below.China/Asia break support and head lower as the debt contagion continues to spread in SE Asia. Watch how this debt/credit issue expands across SE Asia, South America and across the One Road project countries. My assumption is that China is using every resource possible to prevent this type of contagion event from happening now with it having "fingers in every country" and enacting a very bold and expansive initiative to expand trade and other infrastructure projects across the developing world. My opinion is that this contagion is just beginning to take root and once the true damage is known, it could be complete chaos while these other foreign nations and China attempt to restore some order and function to these lofty plans. There is an old saying in China that goes "How do you know a Chinaman is greedy? He will have one finger in every pot at the dinner table - but never eat". This saying it, literally, exactly what is happening in China at the moment. The greedy Chinaman has one finger in every pot to try to control (for himself) everything on the table, but with one finger in every pot (all the time), he can never really eat and enjoy the food. He is too busy trying to control everything and keep his fingers into everything. Watch how this plays out and visit my web sites if you want to know more about what I do and how I can help you navigate these global markets. We are going to see many huge swings in the financial markets over the next 10~20 years. You better be ready for it or have a solid team of people backing up you.
INDEX:000002Short
by BradMatheny
China's/Asia's DO OR DIE support level is hereMy custom China/Asia index shows, very clearly, the support near 7200 is critical at this time. The continued weakness originating out of China and the efforts to contain the current rout as well as contain an economic crisis are clearly generating concern throughout the globe. China has it's fingers in many other global nations. A collapse in China would directly influence dozens of foreign nations in terms of expectations and long term infrastructure projects. The one thing that concerns me the most is the abilities of the Chinese consumer and middle-class to continue their lifestyles while the Chinese economy appears to be contracting. At some point, we have to consider that the Chinese consumer may capitulate with this economic crisis and begin to pull away from speculating/investing in ways that the Chinese have not experienced since 1994-95. A prolonged decline in consumer activity is NOT what China wants in an attempt to recover. Watch this 7200 level over the next few weeks as this is likely going to be a temporary floor before a breakdown begins.
INDEX:000002Short
by BradMatheny
The Chinese Breakdown appears to be acceleratingThe breakdown in my China/Asia custom index appears to be accelerating downward. I called this move over 4 months ago as I saw economic issues playing out in China that could be dangerous. With Malaysia's new PM, Mahathir, pushing to expose corruption and graft from locals and Chinese investment firms, I expect continue news to POUND China over the next 12+ months. I expect Mahathir to be ruthless in terms of who and what is exposed as well as the criminal process involved. Honestly, I believe Malaysia could actually HANG people because of this as an act of Treason against the Malaysian people. Don't try to bottom pick this move. This could be the unraveling of the Chinese Ponzi scheme and you don't want to be anywhere near this when it fully implodes.
INDEX:000002Short
by BradMatheny
To be clear I'm an optimism and I take this as a longToday, I'm showing you guys shanghai composite index chart which is measured by DXY. I'm not calling the end of world or something pessimism. As we can see, the index is lack of the 7th. swing before touching down ideal inflection zone. Last week China CPI data fallen to 1.8%. Now the CPI tends to be falling lower which is too low for achieving GDP target. We got clearly warning from Deputy governor of the people's bank of China Mr. Yigang. We got USDCNY weekly closed high enough to break out for it's final target around 7.2 (head- shoulder PO 6.0-6.6-7.2). It's going to be ugly for global indexes when it breaks out. I'm feeling something familiar in the market before last year's striking. A squeezing is incoming again. Take care.
INDEX:000002Long
by Victor.Y.F
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