SimplyShowMeTheMoney

$CHINAH bearish set-up? 👁‍🗨

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PEPPERSTONE:CHINAH   Hong Kong China H-shares Index
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Bitcoin along with the US market should take a decent hit sometime this week due to the continuation of strength in the US dollar. Bear-Index's, the dollar, and energy appear to be where the money will be flowing during this period if this does play out. This would lead to a temporary slowdown in the growing Chinese economy and allow it to retest support.

!! This chart analysis is for reference purposes only !!


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コメント:
We may get a 4th of July rally. A very short-lived rally we believe. We will have a clearer picture by Wednesday of next week. So far, we see Thursday and Friday being very red for the market. This is only speculation of course.
コメント:
We think a bear flag is coming. That buy zone may be invalid.
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