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Captain_Walker
1 Mar 2020 14:55

The trouble in Chinatown! Eğitim

China A50OANDA

Açıklama

There's not much interest in the Chinese stock index here on Tradingview but the ChinaA50 is absolutely important for what happens around the globe.

The A50 is in big trouble and more trouble is yet to come in weeks to months. This is just bad news for the rest of the world really.

I'll say no more here - follow some of the price action with me on the 4H.

Yorum

Yorumlar
JohnLiv
I do agree with your video, as a major global exporter of electrical and fabric industry goods as well as others, I also see major turmoil to the globel economy, but more related to industry, yes understand CNY and CN50 with see a lot of turbulance over the next few weeks/months, but I believe with China in lock down, the planet EARTH will step up to the mark and assist, there are times when globel powers need to join forces and work together, I do actually see this happening
Captain_Walker
@JohnLiv, I think there is some international cooperation. However, I perceive it as too little-to-late. The WHO is not helping - having been constrained in their criteria on what is a pandemic. A declaration of a pandemic would bring greater lock downs and more international cooperation. So - the delay is going to cause more damage - then they may come along and say 'Okay it's a pandemic'. But by then the severe damage would have taken deep roots.
JohnLiv
@Captain_Walker, I see your point, its one of the reason prices on some trades rised on the initial few weeks of the virus being made public and news seemed to push some trades, now as powers fail to contain what should be now globely achknowledged as a pandemic prices showing signs of weakness as news is broadcast, with most news the fall is short and the gap quickly filled, this may not now be the same with China virus news updates.
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