One week it is Trump tweeting, another it is India reflating, another it is the Fed talking about permissiveness on inflation, another it’s China stimulating… and so on.
This time it’s that last thing, and it is serving to drive the China A-Shares and Large Caps up through the resistance we noted in NFTRH 582 a couple weeks ago, along with upside targets. Weekly charts…
Here’s the Large Caps iShares.
I already took my profit in BABA but hold this vehicle (which itself prominently holds BABA) in relatively healthy amounts.
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