‘Shanghai index’ Archive

Holy Cow – Get a load of this monster breakout

CLICK ON CHART TO ENLARGE This chart takes a look at the Shanghai Index over the past couple of decades. As you can see, this index remains inside of a well defined rising channel over the past 20-years. From 2007 to 2014 this index had little to brag about, as it lost about two-thirds of […]

Will the Chinese be luckier than the Irish?

Happy St. Patrick’s Day everyone The Irish may be lucky, over the past few years the same can’t be said for the Shanghai index. This key Chinese index remains well under the 2007 highs (40%) and has under performed many key stock markets around the world by a large percentage. CLICK ON CHART TO ENLARGE […]

Pattern suggests key China index to rally around 50%

CLICK ON CHART TO ENLARGE Happy Lunar New Year to all viewers, especially those from China. Wishing all of you a very prosperous year ahead. The chart above takes a look at the Hang Seng Index since 1965. The index remains above 40-year support line (1). Over the past few years billions of free thinking […]