Market either goes up, down or flat all the time. A simple glance will tell you that China market seems to be still on the up trend from end 2018. What we are experiencing now is a correction.
Notice after the early 2019 rally, CSI300 pretty much in consolidation for a year before it broke out of consolidation and proceeds to hit all time high early this year. Will CSI300 consolidate for a while and resume the up trend? Nobody knows for sure.
Disclaimer: This is not a call to invest in China market. Please do your own due diligence.
Have a look at CSI300 index 5-year chart:
Market either goes up, down or flat all the time. A simple glance will tell you that China market seems to be still on the up trend from end 2018. What we are experiencing now is a correction.
Notice after the early 2019 rally, CSI300 pretty much in consolidation for a year before it broke out of consolidation and proceeds to hit all time high early this year. Will CSI300 consolidate for a while and resume the up trend? Nobody knows for sure.
Disclaimer: This is not a call to invest in China market. Please do your own due diligence.