Tag Archives: Shanghai Stock Exchange Composite Index
Although the S&P 500 has broken above its 2008 high and it is about 8% away from its 2007 all-time high, the Shanghai Stock Exchange Composite has taken the opposite path, towards its 2008 lows. Last Friday, the SSE composite index managed to close about … Continue reading
This is not good even for longer-term investors. Using a 50-day moving average crossing a 200-day moving average to make trading or investment decisions is like trying to race against a sports car on a bicycle. In this post I show with … Continue reading
After a long winning streak in the beginning of the year, the Shanghai Stock Exchange Composite Index entered into a correction mode. A 7-week winning streak was followed by a 4-week losing streak, then a failed attempt to recapture the 2012 highs followed by a decline … Continue reading
After forming a rare double inside day pattern three weeks ago, the Shanghai Stock Exchange Composite Index continued to gain momentum and it is now on a 7-week winning streak. Similar conditions have been realized in the recent past just before major reversals.
After forming a rare double inside day pattern two weeks ago, the Shanghai Stock Exchange Composite Index ended last week up 3.5%. The short-term target is the 200-day simple moving average currently at 2519.
I compare the Shanghai Stock Exchange Composite Index to S&P 500 from the point of view of the availability of medium to longer-term investment opportunities. It is evident from the comparison that the former market has not offered as many opportunities … Continue reading