April 8, 2016 Moses China Stock Scan
Would you buy when the market is bearish? But how do you tell the market was bearish. Will the market is moving in zigzag manner. In short term the market may be bullish, because of retracement but in long term the market is still bearish.
In order for you to understand, for this posting you will show you the weekly perspective. The charts show for this posting are weekly chart.
Do you see a forest or you see a tree? When you are following the daily chart, you are likely to see the tree.
Where will the China market goes? Everyone are worry China economy is slowing down, and no longer as bullish as in the past. Will picture worth a thousand words. See it for yourself.
Bullish Trend – China Index – SSE Composite Index
There is always two sides of a coin. This is the bullish bias side of the possible move.
April 8, 2016 China Index, SSE Composite Index Weekly Chart
Bearish Bias – China Stock Index – 000001.SS
April 8, 2016 China Index 000001.SS, Shanghai Stock Exchange Composite Index
Moses Stocks Analysis and Scan
Disclaimer: All information, data and material contained, presented, or provided on amibrokeracademy.com is for educational purposes only. It is not to be construed or intended as providing trading or legal advice. Decisions you make about your trading or investment are important to you and your family, therefore should be made in consultation with a competent financial advisor or professional. We are not financial advisor and do not claim to be. Any views expressed here-in are not necessarily those held by amibrokeracademy.com. You are responsible for your trade decision and wealth being.
The site uses powerful charting software, AmiBroker charting software.