China General Stock Exchange 1 Post
Recently, I read many investors' posts, and found that most of them still haven't understood what these three ETFs actually correspond to..
Firstly $iShares China Large-Cap ETF(FXI.US$ It represents 50 Chinese securities (Hong Kong market). The picture below shows the top ten positions (explained after the green mark) $Direxion Daily FTSE China Bear 3X Shares ETF(YANG.US$ Corresponds to shorting FXI by three times, $Direxion Daily FTSE China Bull 3X Shares ETF(YINN.US$ Corresponding to going three times longer on FXI...
The following is FXI's Day K on Friday. It just happened to be stuck at the EMA 200 EMA moving average. It will take 1-3 trading days next week to determine the direction 🙂
The following is an overview of the top ten weighted trends (note, they all correspond to Hong Kong stocks)
First priority: Tencent - healthy upward trend!
Second weight: Alibaba ~ in the descending channel...
Third weight: Meituan ~ in the descending channel...
Fourth weight: China Construction Bank ~ to be confirmed.
Fifth weight: China's safety - the rising trend of health!
Sixth weight: JD ~ in the descending channel...
Seventh weight: Baidu ~ healthy upward trend!
Eighth weight: Industrial and Commercial Bank ~ to be confirmed.
Ninth weight: NetEase ~ to be confirmed.
Tenth weight: Bank of China - healthy upward trend!
Looking at the top ten weights, the direction is unclear, which explains why FIX also needs confirmation.
Finally, if you have basic questions, please leave a message downstairs 🙂
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股勇者 : Mom, my Ali Jingdong is on the stand
sTone83OP 股勇者: The current risk-return ratio of these two is not suitable for investment
sTone83OP 股勇者: It's still the previous suggestion. If you want to use Tencent, Baidu (with a strong background and good prospects), wait for it to retreat and buy it
股勇者 sTone83OP: Baidu opened a warehouse on a cool mountainside... Blow air when you have time
sTone83OP 股勇者: Currently, there is still an upward trend. You can wait 2-3 trading days after retreating to around EMA50 to enter a position
Kaiser_UM : BABA is just a bottom shock and should not be counted as a downtrend
sTone83OP Kaiser_UM: “In the stock market, hope and faith don't help you. In the end, only skill and discipline are rewarded... only those who respect risk survive”, a phrase that helped me avoid more losses many times, and now I'm giving it to you
股勇者 : I heard that Master Xi will go to Russia next week to meet Putin and take stock estimates
sTone83OP 股勇者: Traders should not spend too much time on politics; making their pockets deeper is always the first factor to consider~
股勇者 : When can I open a position in Bank of America stocks
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