Long China - but not for long

Panjang

HSBC ETFS PLC MSCI CHINA UCITS ETF (LSE:HMCH)

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LSE:HMCH HSBC ETFS PLC MSCI CHINA UCITS ETF

Another wave count that might suggest that this bullish run since early 2016 might be due a decent correction. Might still have some run up first though if it doesn't turn around here.

Komen:

Looks like this count is wrong for this one and I should have perhaps labelled it as a series of 1-2's or this could even be an extending wave 5. One things for sure, it didn't top where I thought it might.

Penafian

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