I expect the pull back to continue this week and retrace to the yellow support level at 20210.
No rush as this is going to be a slow bull run compared to the 2018 where it rally too fast and fizzle out just as fast....
I believe more monetary stimulus will be unveiled in the coming weeks/month and the 2025 Chinese New Year is an important timeline for the government to dish out good news - shore up their confidence to spend........
No rush as this is going to be a slow bull run compared to the 2018 where it rally too fast and fizzle out just as fast....
I believe more monetary stimulus will be unveiled in the coming weeks/month and the 2025 Chinese New Year is an important timeline for the government to dish out good news - shore up their confidence to spend........
Nota
as expected, it does retrace to the buying zone, getting ready my ammunitionNota
added more a moment agoNota
i suspect the consolidation will take a while before the next meeting in early November. The US election imo has lesser impact on the China stock market than before when Trump was elected as he imposed tariffs to China. 
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Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.