Tuesday, January 03, 2023 3:05:59 PM
For the S&P it's all-about this 380 Consolidation Zone......
For China it's all-about its' 20,000
So which one's more important ?......Which one's going to LEAD ?
Is the reason for SPY ascending right now (or IS IT - last 379.89),
attributable to Chinas' strong close last night - above 20,000 to 20,200 ?
I suspect that it IS !
World's not goin' nowhere's without a Chinese recovery.
SPY last 380.13
SPY is holding off to see what China does TONIGHT !
Where Chinas' in a side-channel Breakout Mode :
https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=hangseng&x=55&y=14&time=6&startdate=2%2F4%2F2020&enddate=2%2F19%2F2023&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9
.
For China it's all-about its' 20,000
So which one's more important ?......Which one's going to LEAD ?
Is the reason for SPY ascending right now (or IS IT - last 379.89),
attributable to Chinas' strong close last night - above 20,000 to 20,200 ?
I suspect that it IS !
World's not goin' nowhere's without a Chinese recovery.
SPY last 380.13
SPY is holding off to see what China does TONIGHT !
Where Chinas' in a side-channel Breakout Mode :
https://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=hangseng&x=55&y=14&time=6&startdate=2%2F4%2F2020&enddate=2%2F19%2F2023&freq=1&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1&lf2=0&lf3=0&type=2&style=320&size=3&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=9
.
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