From the weekly chart, we can see we are still in a downtrend channel though the price has reached the upper channel. Will it breaks out and rally higher or ripe for another shorting opportunity ?
The property market continues to register a downtrend despite numerous measures that the government has introduced. China is now the highest savings rate in the world and the government is doing what it can to boost spending - short of issuing vouchers !
Retail sales is not encouraging from the recent figures and the negative performance from Commerce giant like Alibaba.
Will September be a game changer when US starts to cut interest rates ? Is it possible for smart money to move some of their funds to Asia, especially China ?
The property market continues to register a downtrend despite numerous measures that the government has introduced. China is now the highest savings rate in the world and the government is doing what it can to boost spending - short of issuing vouchers !
Retail sales is not encouraging from the recent figures and the negative performance from Commerce giant like Alibaba.
Will September be a game changer when US starts to cut interest rates ? Is it possible for smart money to move some of their funds to Asia, especially China ?
Not
very bullish candle, let's see next week if it breaks out 
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.