Momomimk
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$Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$ $iShares China Large-Cap ETF (FXI.US)$ $Hang Seng Index (800000.HK)$ $Hang Seng TECH Index (800700.HK)$ Sunday have China meeting stimulus, Monday market open up or down?
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Momomimk
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$Hang Seng Index (800000.HK)$ Will not come to this venue again, can make money by switching to Singapore and Malaysia stocks.
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Momomimk
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$Hang Seng Index (800000.HK)$ Haha, I will definitely not touch these Wall Country stocks again.
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Momomimk
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$Hang Seng Index (800000.HK)$ lazy to show chart but yep. rebound incoming soon
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Momomimk
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$Hang Seng Index (800000.HK)$ buy the dip........have faith this time
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Momomimk
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$Hang Seng Index (800000.HK)$ China markets all green, why you red instead
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Momomimk
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$Direxion Daily FTSE China Bull 3X Shares ETF (YINN.US)$
As for the stock market crash, I personally believe that it is highly unlikely. This time, the national team openly supported the market and released various policies to suppress internal selling pressure frequently, showing sincerity. Although it is uncertain how foreign capital will react. However, it is undeniable that the national team is actively influencing market sentiment after the holiday, preventing excessive highs and sharp declines in a short period of time, which is quite reasonable.
From a technical perspective, look back at previous stock market crashes. $SSE Composite Index (000001.SH)$ Looking at the historical extent of stock market crashes, in 2005 it was 450%, in 2015 it was 150%, today it is only 35%, and it has retraced by about 13%. It is clear that many funds have not entered the market yet, they are all observing. Just a 35% surge and a significant retracement, thinking that a stock market crash will happen. Is this reasonable in the current era of massive liquidity injections? From the perspective of candlestick structure, the bottom is at 2700, with a 2B bottom exploration support followed by a strong rebound, reaching up to 3700, but failing to break through due to strong resistance above. Then, on a weekly candlestick level, there is a triangular convergence pattern, in short, breaking on either side will determine the direction for the next few decades. For top speculative traders at the weekly level, the stop loss at this position only needs to be placed at 2700, with a very large risk-reward ratio. Victory means seizing the extremely bottom position of the rising trend for the next 10-20 years; defeat means a painful exit at 2700, leading China into a long bear market. Therefore, the risk-reward ratio is very favorable, which is why some prominent figures are bullish and heavily invested. For long-term speculators, this position is very reasonable.
As for the stock market crash, I personally believe that it is highly unlikely. This time, the national team openly supported the market and released various policies to suppress internal selling pressure frequently, showing sincerity. Although it is uncertain how foreign capital will react. However, it is undeniable that the national team is actively influencing market sentiment after the holiday, preventing excessive highs and sharp declines in a short period of time, which is quite reasonable.
From a technical perspective, look back at previous stock market crashes. $SSE Composite Index (000001.SH)$ Looking at the historical extent of stock market crashes, in 2005 it was 450%, in 2015 it was 150%, today it is only 35%, and it has retraced by about 13%. It is clear that many funds have not entered the market yet, they are all observing. Just a 35% surge and a significant retracement, thinking that a stock market crash will happen. Is this reasonable in the current era of massive liquidity injections? From the perspective of candlestick structure, the bottom is at 2700, with a 2B bottom exploration support followed by a strong rebound, reaching up to 3700, but failing to break through due to strong resistance above. Then, on a weekly candlestick level, there is a triangular convergence pattern, in short, breaking on either side will determine the direction for the next few decades. For top speculative traders at the weekly level, the stop loss at this position only needs to be placed at 2700, with a very large risk-reward ratio. Victory means seizing the extremely bottom position of the rising trend for the next 10-20 years; defeat means a painful exit at 2700, leading China into a long bear market. Therefore, the risk-reward ratio is very favorable, which is why some prominent figures are bullish and heavily invested. For long-term speculators, this position is very reasonable.
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Hangzhou will distribute a total of 430 million yuan($61.6 million) in consumption vouchers in October to stimulate spending in sectors such as dining, supermarkets, and electronics, including mobile phones and computers.
$Hang Seng TECH Index (800700.HK)$ $Hang Seng Index (800000.HK)$ $BABA-W (09988.HK)$ $MEITUAN-W (03690.HK)$ $JD-SW (09618.HK)$ $PDD Holdings (PDD.US)$
$Hang Seng TECH Index (800700.HK)$ $Hang Seng Index (800000.HK)$ $BABA-W (09988.HK)$ $MEITUAN-W (03690.HK)$ $JD-SW (09618.HK)$ $PDD Holdings (PDD.US)$
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