‘Shanghai index’ Archive

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 […]

Breaking News- Hottest stock market in the world declines 7% today!

  CLICK ON CHART TO ENLARGE One week ago today the Power of the Pattern shared the following conditions were in play for hottest index on the planet (Shanghai index)  The Shanghai index was up 40% in 90-Days, formed a bearish wick as it was facing channel resistance, at its Fibonacci 38% resistance level with […]