Aug09 candle completely reverses gains of Jun+Jul09. Technically very bearish candle.- Will China lead the West ? Recall China equities bottomed in Nov08; US equities did not start their rally until Mar09
- A few signs of S&P top nearing eg EUR/JPY weakness, China, low US yields (relative to recent highs), ED spreads turning
- Must try to catch the S&P turn. Next big one?
31 August 2009
Shanghai Composite : Very Weak Monthly Close
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment