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This weekly trading education article written by Dr. Anthony Trongone provides an insight tool to study the developing Shanghai stock market in China--- a country where I'm from.
Ever since Spring Festival in China early this year in February, Shanghai stock market generated its hot climing trend until end of May, when it suffered a sudden drop. But then it got back to climbing track quickly in June and kept hot during the following 100 days, despite of slight drop occationally.
However, in the past 5 trading days, its index drop from 6000 to 5000. Does this mean an impending risk for a sharp drop or an opportunity to buy-in for a long-position trader?
Let's keep an eye on it and look forward to reading Dr. Anthony Trongone's next educational article.
Edna X. X. Yang
MBA Student
Wuxi, China
Ever since Spring Festival in China early this year in February, Shanghai stock market generated its hot climing trend until end of May, when it suffered a sudden drop. But then it got back to climbing track quickly in June and kept hot during the following 100 days, despite of slight drop occationally.
However, in the past 5 trading days, its index drop from 6000 to 5000. Does this mean an impending risk for a sharp drop or an opportunity to buy-in for a long-position trader?
Let's keep an eye on it and look forward to reading Dr. Anthony Trongone's next educational article.
Edna X. X. Yang
MBA Student
Wuxi, China