Here's a trade worth considering, CHINA long
The 22 day moving average has been important support and resistance.
the 10-minute 3C chart showed accumulation just before the recent move up and still remains positive.
My Crossover screen is giving a long signal and a stop can be placed under yesterday and today's lows.
It makes for a decent probability and reasonable risk trade.
Is interest rates about to start going up?
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Yes, I know - it does not make any sense - FED is about to cut
rates...but....real world interest rates are not always what FED wants it
to be.
5 years ago
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