21-06-2024, 09:37 AM
The bigger picture since i called a reversal on the down trend of HSI.
The market did a 1000+ pont violent snap back from the rebound but the double bottom is stil there...intact
It is the chance for Chinese govt to get its act together to boost confidence and get investors to return. However it is busy playung geo political games riling small countries like Phillipines a d supporting rogue nations like Russia....that is bad and will scare investors who worry of the downhill they are going into.
The chance is there but the incompetence of the current govt remains in the handling of its economy...is the main worry. They keep doing things that invite the west to take action and scare investors far away.
The market did a 1000+ pont violent snap back from the rebound but the double bottom is stil there...intact
It is the chance for Chinese govt to get its act together to boost confidence and get investors to return. However it is busy playung geo political games riling small countries like Phillipines a d supporting rogue nations like Russia....that is bad and will scare investors who worry of the downhill they are going into.
The chance is there but the incompetence of the current govt remains in the handling of its economy...is the main worry. They keep doing things that invite the west to take action and scare investors far away.
![[Image: olhcFvd.jpeg]](https://i.imgur.com/olhcFvd.jpeg)
I, being poor, have only my dreams; I have spread my dreams under your feet; Tread softly because you tread on my dreams.