CHINA GOING FOR IT! Until Christmas? #BlowoffTop and Recession!

26 Eyl 2024

Breakout and retest for RSI, China breakingout after 6 long years.

This will have implications on every market, they were waiting for the FED to pull the trigger and now they can go. Game on!

#JD is going, Commoditties will go for it, except #oil maybe.

But more important, #Bitcoin will have the #BLOWOFFTOP I was looking for.

That´s the News GOODS...

The BAD News is, Recession or Crisis after it. December or March 25´as late.

2 Eki 2024

Not

That´s the push we want.

Now everything depends on OIL and Japan how long will it last.
Oil going up bad for Japan and the recession on my view comes early, as long as the oil can stay low, we are OK.

Go China!

18 Eki 2024

Not

Everything except for the Real State is going better than expected, october data will be better, China awakened.
This push #Japan and Asia.

Data from September:

- Chinese New House Prices YoY - -5.7% - Forecast(-), Previous (-5.3%)

- Chinese Urban Investment YTD YoY - 3.4% - Forecast(3.3%), Previous (3.4%)
- Chinese Unemployment Rate - 5.100% - Forecast(5.3%), Previous (5.300%)
- Chinese Retail Sales YoY - 3.2% - Forecast(2.5%), Previous (2.1%)
- Chinese Industrial Output YoY - 5.4% - Forecast(4.6%), Previous (4.5%)
- Chinese GDP YoY - 4.6% - Forecast(4.5%), Previous (4.7%)

13 Mar

Not

Take care, it seems we are entering in a pause, 5 waves completed for the bigger wave 1, we are going to Wave 2 (correction).

Maybe get out of anything related to this, until we have another Break Out.