I'm Brandon, a senior stockbroker at a local securities firm and also a professional trainer with Singapore Exchange (SGX) Academy. Holder of Chartered Market Technician (CMT) and Certified Financial Technician (CFTe) with over 10 years experience in the financial industry.

This blog aims to share how private traders can forecast price and trade in line with the market and smart money by applying Wyckoff principles and simple technical analysis techniques.

Thursday, 13 June 2019

Improving Technicals on China Markets


China Markets
Both Shanghai Composite and CHina A50 saw a Chang of Character (CoC) within its consolidation zone. On Shanghai Composite, we saw a Spring occurring just before CoC pointing towards weak supply.

With the above demand and supply observations, we are expecting a short-term upward trend on the China markets.

Positive development towards G20 meeting? PBOC introducing measures to support the economy?