https://www.reuters.com/markets/asia/chi...024-11-21/
aiptasia is now in my ignored list.
(27-11-2024, 06:46 PM)MasterLeong888 Wrote: GREEN DRAGON CUMMING?
(27-11-2024, 06:35 PM)teaserteam Wrote: They expected more stimulus in the coming closed down Central Economic Work conference.
https://www.reuters.com/markets/asia/chi...024-11-21/
(27-11-2024, 07:02 PM)sgbuffett Wrote: One day wonder announced to prevent A50 from losing key level and stop HSI from going below 19000 and heading for 18K.
In May China govt made many announcement to supoort market rally the drop hit the year low in Aug. Tyen China govt come in to say they want to do stinulus market rise and peak on 8 Oct the drop 7 weeks.
When will people ever learn....its always a trap!!!!
(27-11-2024, 07:02 PM)sgbuffett Wrote: One day wonder announced to prevent A50 from losing key level and stop HSI from going below 19000 and heading for 18K.
In May China govt made many announcement to supoort market rally the drop hit the year low in Aug. Tyen China govt come in to say they want to do stinulus market rise and peak on 8 Oct the drop 7 weeks.
When will people ever learn....its always a trap!!!!
(27-11-2024, 09:27 PM)aiptasia Wrote: REAL profitable traders trade on what they see in price charts and certainly not based on opinions.
(27-11-2024, 11:39 PM)MasterLeong888 Wrote: rumors is mid dec cut RRR by 25-50 bps and do stimulus to counter trump
if mid dec no stimulus then trump takes office 20 jan
late jan and early feb is chinese new year
the next major meeting is mid feburary then see if they fire the real stimulus out to fight trump or not
(27-11-2024, 11:39 PM)MasterLeong888 Wrote: rumors is mid dec cut RRR by 25-50 bps and do stimulus to counter trump
if mid dec no stimulus then trump takes office 20 jan
late jan and early feb is chinese new year
the next major meeting is mid feburary then see if they fire the real stimulus out to fight trump or not
(28-11-2024, 08:35 AM)teaserteam Wrote: HSI rebounded from the candlestick gap yesterday and now testing the 50MA. If it fails to cross 50MA, it will be very bad and HSI might want to test the 200 MA again.
(28-11-2024, 09:29 AM)sgbuffett Wrote: Sinking fast as temporary rally ends.
(28-11-2024, 07:37 AM)sgbuffett Wrote: Hedge funds use reuters to spread rumors so they can unload at a higher price.
What is very real is Trump tariffs that will knock.off 2% from. Chjna GDP.
China does not have infinite amount of "stimulate " they have ti keep the bullets so fhey can cope with Trump tariffs.
The Reuters report is just a ploy.
If you think clearly, China govt hands are tied. They cannot make a move before Trump makes his.
Again another fake head rally to lure victims and give them some hope only to steal their money.
It has been like that for 3 yrs yet people never learn...each time people think the China market going up it sells down sharply.
(28-11-2024, 11:47 AM)winbig Wrote: So u foresee HSI will go back to 16k level?
(28-11-2024, 11:54 AM)p1acebo Wrote: Sgbuffet is not known as the reverse indicator for the past decades for no reason
He has been so often wrong and ridiculed in this forum since time immemorial
Read his posts for entertainment purposes only