WELCOME

Welcome and thank you for visiting!

The charts, graphs and comments in my Trading Blog represent my technical analysis and observations of a variety of world markets...
* Major World Market Indices * Futures Markets * U.S. Sectors and ETFs * Commodities * U.S. Bonds * Forex

N.B.
* The content in my articles is time-sensitive. Each one shows the date and time (New York ET) that I publish them. By the time you read them, market conditions may be quite different than that which is described in my posts, and upon which my analyses are based at that time.
* My posts are also re-published by several other websites and I have no control as to when their editors do so, or for the accuracy in their editing and reproduction of my content.
* In answer to this often-asked question, please be advised that I do not post articles from other writers on my site.
* From time to time, I will add updated market information and charts to some of my articles, so it's worth checking back here occasionally for the latest analyses.

DISCLAIMER: All the information contained within my posts are my opinions only and none of it may be construed as financial or trading advice...please read my full Disclaimer at this link.

Dots

* If the dots don't connect, gather more dots until they do...or, just follow the $$$...

Loyalty

Loyalty

ECONOMIC EVENTS

 UPCOMING (MAJOR) U.S. ECONOMIC EVENTS...

***2024***
* Fri. April 5 @ 8:30 am ET - Employment Data
* Wed. April 10 @ 2:00 pm ET - FOMC Meeting Minutes
* Wed. April 17 @ 2:00 pm ET - Beige Book Report
* Wed. May 1 @ 2:00 pm ET - FOMC Rate Announcement + Forecasts and @ 2:30 pm ET - Fed Chair Press Conference

*** CLICK HERE for link to Economic Calendars for all upcoming events.

Saturday, March 31, 2018

North Korea's REAL Plan For Unification?...Keep an Eye on China's Shanghai Index

I wonder if North Korea and China's real plan for unification will, ultimately, see NOKO become another Province in China (while retaining its nuclear program) as an alternative to its alleged wish for a denuclearized unified Korean peninsula, with Kim Jong Un at its helm?

Just a thought.

And, instead of telling me that such a scenario would never happen, how about describing how it could?

ZeroHedge.com

Meanwhile, China's Shanghai Index remains locked in between major resistance at 3600 and major support at 3000, as shown on the monthly chart below.

The momentum indicator has been in a downtrend since it last peaked in November 2016, diverging with its volatile and tight price-range rally, and is currently above the zero level. A drop and hold below zero could see price retest 3000, or lower to around 2650-2700. A drop and hold below 2650 could see a swift price plunge to, at least, 2000.


Posted by at
Labels: , , ,