Short-Term

Published February 26th, 2019 

Price action is probably approaching the end of a minute degree c-wave within a minor degree flat pattern (denoted as wave B). Another down-up sequence on momentum divergence results into a textbook impulse. Subsequently, Chinese equities are likely to embark on their final decline towards 2k points during the course of the next year. We remain with our forecast that this will be a lifetime buying opportunity for Chinese stocks.

The analysis above is a historical abstract of our Shanghai Composite Premium Analysis. Subscribers can access multiple timeframes, which are not displayed on this page.