China Bear Flag & Struggling

China markets struggling to stay out of bear market territory. They were the first to correct
that led to many markets hitting resistance and chop.

China has now formed a solid bear Flag. A drop here could have broader global market implications.
Always important to listen to the message of the markets and let them tell you what is going on
instead of guessing. Believe me its far easier! it may not make you a billionaire but it will keep you
from blowing out your account.

تعليق:

Short looking good

تعليق:

Macroeconomics is about long-term moves.
Macroeconomics should never be mixed with microeconomics
One can't possibly make daily calls on Macroeconomics it takes months and years for it to play out. Not hours and days.

I see too many who call themselves macro econ and won't stop talking about it sensationalizing every piece of data that comes out or what the FED and treasury says. Dead give away they are not really Macro Guys and Gals.

This chart is living proof of what I mean. yet it got exactly 3 likes. LOL!
Now everyone wants to talk about China. Too LATE!

تعليق:

Long before anyone saw it coming I forecasted a weak China. Back then they were still talking about China "Opening up" blah blah! That didn't age well for those people.

As expected.