I am being patient, I think.
Yinn 'might' be in its last leg down for a long spell, double bottom, higher low, lower low?
China back in Covid lock downs, lots of cases again. Hopefully the Covid end for China is near. When it ends 1.4 billion go on a binge?
Yinn could outdo em all imo, all being the 3X bull ETF's. Hard not to like this one. Following daily.
Tweets
Shanghai Comp LT. See next chart. TL should ~ hold. Assuming it breaks up the next upside target would be on the order of 9000, for an IT top. Heading into a major low on the TC, a huge nine year low. Tracking the TC's very well.
Shanghai Comp ST. Since it has been in a downtrend, one would expect a lower low near the cycle low. I have not labeled waves, Big 1 top, correcting into a huge ABCDE triangle Big 2 low for me.
Yinn follows the FTSE 50. Can't find it on Stockcharts, Last low at 93.2. Headed down again? cnbc.com
FLCH is a 1X ETF. |
