China – Rally is out of power..at least for now


China stocks market failed right on my target (see my post). I expect to see healthy correction from here. How deep we can go from here is tough call IMO. Anyway developments in China stock market will be closely watched around the world as the  focus is slowly but surely shifting to Asia-Pacific region as main driver of world economy.

Technicaly speaking  MA 50 & 200 cross is long term bullish signal.

china

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One Response to China – Rally is out of power..at least for now

  1. […] China – Rally is out of power..at least for now « TREND ROOM […]

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