‘Shanghai index’ Archive

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 […]

Red Hot Shanghai market (+40% in 90-days) could cool off here

CLICK ON CHART TO ENLARGE When it comes to  ”Red Hot” stock markets around the world, the overwhelming winner the past 90-days is the Shanghai index, up more than 40%.  Even though the S&P 500 is doing well and is just under 3% away from all-time highs, its performance compared to the Shanghai index over […]

Bearish wick, created by hottest index on the planet, impact S&P 500?

  CLICK ON CHART TO ENLARGE When it comes to year to date or the past 90 days performance, the Shanghai Index is at the top of the list for both time frames! No doubt this index has been white hot of late! Even though the Shanghai has been screaming higher of late, the rally […]