China China Csi 1000 index near to double bottom formation zone.
If yesterday low not broken or not close below then we seen reverse and good up side seen.
China CSI 1000 Index - Opportunity or Collapse?The long view on the China CSI 1000 Index
▫️ The lows of 2018 at $4,065 have not been taken out
▫️ Price is currently at $4,293 above this level
🚨The RSI has reached its most oversold level ever reaching down to a sub 17 level.
Is this an opportunity or a collapse?
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$CSI 1000I am very optimistic about the future of the SSE:000852 . My analysis of economic data suggests that we may be near a bottom with chance the bottom has already in, and overall macroeconomic conditions appear promising, despite some geopolitical concerns.
Nevertheless, it should play out nicely in
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Summarizing what the indicators are suggesting.
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Oscillators
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Summary
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Moving Averages
Neutral
SellBuy
Strong sellStrong buy
Strong sellSellNeutralBuyStrong buy
Displays a symbol's price movements over previous years to identify recurring trends.