‘Shanghai index’ Archive

Watching the Whale (Shanghai Index) create a Flag/Pennant pattern…

  CLICK ON CHART TO ENLARGE When it comes to population, China represents one sixth of the worlds population. Does size matter? At this time it appears the Shanghai index is testing the underside of this flag/pennant pattern at (1) above. The Emerging markets ETF (EEM) has lagged the U.S. over the past few years, [...]

China about to pick up speed, to the downside?

  CLICK ON CHART TO ENLARGE Is a 3% decline for a currency in a couple of months, enough of a decline? The left chart reflects that the Chinese Yuan to the U.S. Dollar started falling two months ago and its been a hard and swift decline, to say the least. Do the currency players [...]

Patterns suggests Doc Copper could fall 30% more!

  CLICK ON CHART TO ENLARGE Doc Copper are you feeling ok, you don’t look the best! Copper could well be forming a multi-year descending triangle.  If this pattern read is correct, should Copper break support, selling pressure should increase.  A support break suggests Copper could trade another 30% lower.   So far support is still [...]