
iShares China Large Cap very bullish reaction
We invite you to read Bruno’s B.E.S.T. View September issue (written September 27).
On the left side of the monthly chart, the low of the Global Financial Crisis can be spotted near 13.39 in October 2008, followed by a rebound toward 32.80-34.30 area in 2011. We drew a horizontal line at 31.50, the Fibonacci 38% retracement of the decline from the top of 2021 to the low of October 2022, which coincides with a pivotal area since 2014 separating period of euphoria and concern about the China equity market….. continue reading
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