Shanghai Composite Index in Multi Year Consolidation

by elliottwave-forecast.com | September 23, 2020 2:55 pm
As of 22 September, Shanghai Composite Index (SSE) is up 6.9% despite the geopolitical tension with the US and coronavirus pandemic. Contrast this with S&P 500 which has YTD performance of 2.1%. Part of the reasons for...

Soybean May Benefit From US – China Phase 1 Trade Deal

by elliottwave-forecast.com | January 16, 2020 2:57 pm
With the official signing of Phase 1 trade deal between US and China today, we may have seen the worst in Soybean’s market at least in the short term. This of course assumes that China can commit...

Chinese Yuan Looking For Further Weakness Against US Dollar

by elliottwave-forecast.com | May 21, 2019 5:10 pm
The Yuan (CNY) is the basic unit of the Renminbi which represents the official currency of the People’s Republic of China. The ongoing trade war between China and United States is affecting the economy for both country and the recent tension caused by...

China Stock Market Preparing New Elliott Wave Bullish Cycle

by elliottwave-forecast.com | November 20, 2018 5:16 pm
The trade war between USA & China had led to a global fear around the stock market and causing a mid-term “bear market” in China which lost 30% since the start of 2018. The latest plan is that the...

China’s One Belt One Road (OBOR) is Bullish Commodities

by elliottwave-forecast.com | October 5, 2017 2:35 pm
What is OBOR (One Belt One Road) One Belt One Road (OBOR) is an initiative originally coming from China’s president Xi Jinping in 2013. The plan is the single biggest initiative since the opening up of China...