Shanghai Index New High!
The index posted a new high close and appears to be breaking out of an ascending triangle. This is a very bullish pattern which is taking place in one of the strongest markets in the world. I'd love to buy this with a tight stop below yesterday's low, but I don't think we can trade this index.
Posts
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_4.gif)
![[Most Recent Charts from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_4.gif)
![[Most Recent Exchange Rate from www.kitco.com]](http://www.weblinks247.com/exrate/24hr-euro-small.gif)
2 comments:
why not buy FXI..
i am not, as nothing is making sense to me..so i stay in CASH!
FXI does not look as bullish as the shanghai index.
Post a Comment