• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar

Investing With Options

Become a Better Options Trader

  • About
  • IWO Trading Floor
  • IWO Courses
  • Blog

Bullish China Price Action -- What's Your Timeframe

January 10, 2012 By Steven Place

Risk assets across the board are catching a bid on the "no news" trade.

There's been "no news" out of Europe, which is being signaled as a good sign.

Also, headlines are floating out there touting the bullish signs in the China stock market.

Sure, the Shanghai composite has rallied about 5% over the past 2 days.

But let's zoom out our timeframe here:

This is a weekly chart of the SSEC. Today's close is accounted for in that white circle on the lower right.

The rally in China could easily be viewed as an oversold snapback as it comes to retest previous support.

I'm using this among other things to temper my enthusiasm about the current breakout in $SPY.

Tags: $FXI

Free Iron Condor Toolkit

Want to learn how to beat the market without needing to time the market?

Do you desire a way to earn aggressive returns without staring at screens for six hours a day?

Get this free iron condor toolkit that will show you how this trade works in the real world.

Download the Toolkit Here

Primary Sidebar

Resources


Option Trading Basics
Income Trading

Recent Posts

  • 3 Option Trades for CCIV
  • Time to Call a Top in Solar
  • Winning In Both Directions
  • Big Water, Small Hose
  • Does Zoom Pass The Smell Test?

Get The Options Trading Training You Need.

See All IWO Trading Courses!

© 2017 InvestingWithOptions | Disclaimer | Financial Disclaimer | Terms and Conditions | Privacy Policy